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Property profile & analytics
OFF-MARKET
Commercial real estate

1841 Hwy 199 Springtown, TX 76082-2657

3,000 SF 3.12 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-3756478
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 3,000 SF
Lot 3.12 ac (135,907 SF)
APN 20829-009-000-00
UPID US82-3756478
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
1841 Springtown LLC · 4 yrs held
1841 Springtown LLC
since 2022
7 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
2010
Price N/A
2010
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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