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Property profile & analytics

501 Highway 199 W Springtown, TX 76082

  • Commercial real estate
  • 7,180 SF
  • 2.00 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-3528655
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,364
$522,720
$292,490
$815,210
-
$522,720
$292,490
$815,210
More about this property
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