2897 Hwy 199 Springtown, TX 76082-6837
This exceptional 8,000-square-foot property in Springtown, Texas, presents a unique investment opportunity. Situated on 1.73 acres at 2897 E. Hwy 199, this property boasts two buildings totaling 8,000 square feet of versatile space. The main building, encompassing 4,800 square feet, features a climate-controlled retail area, office space, two restrooms, and a free-span warehouse with two roll-up doors and a loading dock. Ceiling heights range from 11 to 14 feet, providing ample vertical space. A second, 3,200-square-foot warehouse building offers additional storage capacity. The property benefits from a prominent, illuminated monument sign on the highway, ensuring high visibility. A secure, fenced outdoor area is ideal for equipment or trailer storage. Built in 1994, this single-tenant property is currently vacant and offers significant potential for various uses, including retail, warehouse, or workshop applications. The property is located in Parker County, Texas, with a zip code of 76082, and is zoned "none," offering flexibility for potential tenants. This property is perfect for businesses seeking a combination of office, retail, and warehouse space with excellent highway visibility and ample outdoor storage.
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.