Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    614 N Main St Springtown, TX 76082

    • Retail properties
    • 1,243 SF
    • 0.34 lot acres
    For Sale
    View listing
    $289,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3660678
    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

    • Retail properties

    Property Details for 614 N Main St

    Lot size
    0.34 lot acres
    Property size
    1,243 SF
    Property type
    Retail properties

    Description

    This exceptional commercial property located at 614 N Main Street, Springtown, Texas, presents a compelling investment opportunity. The building encompasses 1,243 square feet of versatile space, perfectly suited for a diverse range of businesses. Its prime location on Main Street offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong customer engagement. The property sits on a sizable 0.34-acre lot, providing ample space for potential expansion or outdoor amenities, depending on the intended use. The asking price is $350,000, representing a significant value proposition in the thriving Springtown market. The building's adaptable layout allows for customization to meet the specific needs of various commercial enterprises. This presents a rare chance to acquire a well-situated commercial property in a growing Texas town, offering both immediate operational potential and long-term investment growth. The property is ready for immediate occupancy, allowing for a swift transition into business operations. Serious inquiries are encouraged to explore this exceptional opportunity further and capitalize on the potential of this strategically located commercial building. The property's size and location make it an attractive option for a variety of businesses seeking a strong foothold in the Springtown community. Don't miss this chance to secure a valuable asset in a dynamic market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Springtown
    County
    Parker
    State
    Texas
    Longitude
    -97.6849
    Latitude
    32.97337

    Comparable in this City

    • $285,500
      720 SF

      Springtown Retail Property - High Traffic!

      Prime .7-acre retail space, multiple buildings.
      1291 Hwy 199 Hwy, Springtown, TX 76082
      View Details
    • $239,500
      0.70 Acres

      Retail/Warehouse/Auto Shop in Springtown, TX

      Corner lot with multiple buildings suitable for retail, warehouse, or auto.
      1291 E Hwy 199 Hwy, Springtown, TX 76082
      View Details
    • $1,700,000
      10,000 SF

      New Dollar Tree Corporate Lease

      New construction Dollar Tree with corporate lease near Fort Worth.
      3420 Highway 199 W, Springtown, TX 76082
      View Details
    • $1,750,000
      8.99 Acres

      Unimproved Land with Metal Building

      8.99 acres of land with a new metal building.
      5394 W Hwy 199 Hwy, Springtown, TX 76082
      View Details
    • $1,499,000
      13,000 SF

      Prime Springtown Industrial Facility

      13,000 SF Industrial Space - High Visibility
      3605 Highway 199, Springtown, TX 76082
      View Details
    • $300,000
      1,922 SF

      Historic Springtown Commercial Property

      Charming 1904 Home, High Visibility
      432 Main St, Springtown, TX 76082
      View Details

    Similar Nearby for Sale

    • $285,500
      720 SF

      Springtown Retail Property - High Traffic!

      Prime .7-acre retail space, multiple buildings.
      1291 Hwy 199 Hwy, Springtown, TX 76082
      View Details
    • $239,500
      0.70 Acres

      Retail/Warehouse/Auto Shop in Springtown, TX

      Corner lot with multiple buildings suitable for retail, warehouse, or auto.
      1291 E Hwy 199 Hwy, Springtown, TX 76082
      View Details
    • $1,700,000
      10,000 SF

      New Dollar Tree Corporate Lease

      New construction Dollar Tree with corporate lease near Fort Worth.
      3420 Highway 199 W, Springtown, TX 76082
      View Details
    • $1,750,000
      8.99 Acres

      Unimproved Land with Metal Building

      8.99 acres of land with a new metal building.
      5394 W Hwy 199 Hwy, Springtown, TX 76082
      View Details
    • $599,000
      3.94 Acres

      Springtown Commercial Land - 3.9 Acres

      Unzoned commercial land, high traffic area. Ready for development.
      511 Pojo Rd, Springtown, TX 76082
      View Details
    • $999,000
      1.65 Acres

      Springtown TX Commercial Land Site

      Prime 1.65-acre C2 zoned pad site.
      1088 Highway 199, Springtown, TX 76082
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      87,120 SF

      Highway Frontage Industrial Lease Opportunity

      Industrial lease with highway visibility, workspace, and yard in Springtown.
      501 Highway 199 W, Springtown, TX 76082
      View Details
    • $8 SF/Yr
      25,110 SF

      Springtown Warehouse Space Available

      Industrial warehouse space available for lease in Springtown, Texas.
      640 Highway 199 E, Springtown, TX 76082
      View Details
    • $1,850 /Mo
      8,721 SF

      Industrial Building with Storage Yard

      Industrial building featuring a storage yard and gated entry.
      3001 Highway 199 E, Springtown, TX 76082
      View Details
    • $1,100 /Mo
      32,670 SF

      Springtown Warehouse with Roll-Up Doors

      Metal building with ample parking, ideal for storage.
      824 Highway 199 E, Springtown, TX 76082
      View Details
    • $15 SF/Yr
      3,200 SF

      Springtown Warehouse Space Available

      3,200 SF warehouse space for lease in Springtown, Texas.
      1715 Fm 51, Springtown, TX 76082
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    614 N Main St
    Springtown, TX 76082
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.