501 Highway 199 W Springtown, TX 76082
- Commercial real estate
- 7,180 SF
- 2.00 lot acres
Current Use by Public Records
- Walgreens pharmacy / Pharmacy
- Walgreens / Pharmacy
- Brookshire's / Grocery & Convenience Store / Food Market
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
- Western Union / Bank / Credit Union
Property Details for 501 Highway 199 W
- Lot size
- 2.00 lot acres
- Property size
- 7,180 SF
- Property type
- Commercial real estate
- APN
- 19690-001-011-00
- APU
- 1969000101100
Description
This exceptional 7,180 square foot industrial property, situated on a two-acre lot in Springtown, Texas, presents a significant opportunity for a variety of businesses. The property boasts two separate buildings, providing ample space for operations and storage. One building includes a dedicated office area, ideal for administrative functions. The expansive yard offers significant potential for expansion, equipment storage, or outdoor operations, and benefits from convenient rear road access. Previously utilized as a heavy machine shop, the facility retains its robust infrastructure, including heavy-duty power and a thick concrete slab capable of supporting substantial weight and various industrial operations. The high ceilings accommodate large equipment and surface-level doors, facilitating efficient loading and unloading. A gated yard enhances security and provides a controlled environment for assets. All existing heavy machinery is available for separate negotiation. This property's combination of size, location, and infrastructure makes it an attractive investment for businesses seeking a versatile and well-equipped industrial space. The property is located at 501 W Highway 199, Springtown, TX and is listed at $800,000.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $930,000
Market price range: $519k - $1.54M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $990,000 Current use
- RESTAURANT
- $920,000 Change: -7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Springtown
- County
- Parker
- State
- Texas
- Longitude
- -97.6918
- Latitude
- 32.9643
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA