2122 Highway 199 E Springtown, TX 76082
For Sale
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This exceptional industrial property in Springtown, Texas (outside city limits), presents a unique investment opportunity. The offering encompasses a main warehouse building totaling approximately 5,820 square feet, situated on roughly half an acre of land. A key feature is the inclusion of a fenced outside storage area, providing ample space for equipment, materials, or inventory. The warehouse boasts grade-level loading, facilitating efficient and convenient access for trucks and delivery vehicles. The property is available for both sale and lease. The sale price is listed at $600,000, while the monthly lease rate is $5,000. It's important to note that a secondary building on the property is not included in the stated square footage. This property is ideal for businesses requiring substantial storage space and convenient access, making it a compelling option for various industrial operations. The single-tenant occupancy ensures ease of management and control. This turnkey solution offers immediate operational readiness, eliminating the need for extensive renovations or upgrades. Contact us today to schedule a viewing and explore the possibilities this property offers.
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.