1841 Hwy 199 Springtown, TX 76082-2657
This exceptional 5,925-square-foot multi-tenant warehouse facility in Parker County presents a unique investment opportunity. Built in 2010, the property boasts a desirable location zoned for retail use and sits on a half-acre lot. The building offers flexible space options, with a minimum divisible unit of 1,925 square feet and a maximum contiguous space of 2,000 square feet. Currently, the entire 5,925 square feet is vacant, providing immediate occupancy for a single tenant or the potential to lease to multiple occupants. The warehouse features a remarkable 20-foot ceiling height, ideal for various storage and operational needs. Ample parking is available for employees and customers. A highly sought-after feature is the drive-thru window, available on a first-come, first-served basis. For prospective tenants seeking to customize their space, a negotiable tenant improvement allowance is offered. This property is perfect for businesses requiring versatile space with convenient access and ample parking in a thriving retail zone. The property's size and features make it suitable for a variety of uses, from light manufacturing and distribution to retail operations requiring storage and drive-thru capabilities. Don't miss this chance to secure this exceptional warehouse space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.