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Property profile & analytics
FOR SALE
Warehouses

828 N Main St Springtown, TX 76082

1,986 SF Built 2015
Individually Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US82-0357114
Property summary
AI-generated overview

This exceptional 2,226 square foot office building, situated on a 0.22-acre lot at 828 N Main Street in Springtown, Texas, presents a fantastic investment opportunity. The property boasts a clean, freshly painted interior and is equipped with all the necessary amenities for a variety of professional uses. Ideal for a tax office, insurance agency, legal practice, or even a medical office, the building features a welcoming lobby complete with a built-in reception desk. Six individual offices provide ample space for staff and clients, complemented by two bathrooms and a convenient kitchen equipped with a refrigerator and electric water heater. A dedicated mechanical room ensures efficient building operation. High-speed internet access is readily available via fiber optics at the street. The property also includes a one-car attached garage for added convenience. Recent renovations have ensured compliance with Springtown's commercial building codes, including designated handicap parking spaces at both the front and rear of the building. The City of Springtown provides water, sewer, and trash services, while electricity is currently supplied by TXU. This turnkey property offers a rare combination of functionality, convenience, and location, making it an attractive proposition for discerning buyers. The asking price is $450,000.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2015
Total area 1,986 SF
APN 19580-007-005-10
UPID US82-0357114
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jones & Sons Construction Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Phillip Rice · 21 yrs held
Phillip Rice
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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