6612 Midway RD, Springtown, TX 76082
6612 Midway RD, Springtown, TX 76082
6612 Midway RD, Springtown, TX 76082
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+1(347) 903-3025
$999,900
Est. payment /mo
7,000 SqFt
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Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $142

MLS Listing ID 21367271

Construction Status Resale

HOA Y/N No

Annual Tax Amount $6,995

Lot Size 1.310 Acres

Acres 1.31

Property Sub-Type Warehouse

Property Description

When opportunity knocks....open the door. Incredible investment opportunity. Unrestricted, commercial income-producing acreage with multiple varied streams of revenue and flexible opportunities for continuing development. Located outside city limits in unincorporated county on busy Midway Rd with sustained vehicular traffic, this property provides substantial and continuous advertising exposure. The property is mixed commercial and residential of 1.31 acres with several existing structures. Leased 840 square foot remodeled and updated residential cottage home could also serve as a business office. 50 self-storage units provide stable income offset with an opportunity for additional units to be installed. Huge 7,000 square foot warehouse with 14 foot high doors, which open to a 24 foot opening width, is currently vacant and provides flexibility for a potential owner-operator to base a commercial trade or service business, or an investor to lease for additional investment income. This unique property provides an existing base of immediate proven income production, as well as the room and flexibility to continue to optimize the property with additional enhancements to increase and maximize income. Abundant existing space on lot for both open and covered vehicle parking. 450+ feet of Midway Rd frontage partially security fenced and ready for a security gate to complete. The property features a well and septic. Located just off Hwy 199 between Azle and Springtown, this area is experiencing rapid growth which provides an incredible potential investment opportunity for both sustained demand for lease options, as well as incredibly potential increased valuation.

Location

State TX

County Parker

Zoning Unincorporated

Direction From Fort Worth, Hwy 199 North through Azle, Left on Midway Rd, 6612 on left, sign at property.

Interior

Heating Electric, ENERGY STAR Qualified Equipment, Heat Pump, None, Other

Cooling Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Heat Pump, None, Other

Flooring Carpet, Combination, Concrete, Ceramic Tile

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Additional Parking, Aggregate, Common, Concrete, Covered, Carport, Door-Multi, Detached Carport, Enclosed, Gravel, Gated, Lighted, On Site, Open, Outside, Oversized, Parking Lot, RV Garage, RV Access/Parking, Secured

Utilities Available Electricity Connected, Overhead Utilities, Septic Available, Water Available

Water Access Desc Public,Well

Roof Type Metal

Street Surface Asphalt

Accessibility Accessible Entrance

Road Frontage County Road, All Weather Road

Private Pool No

Building

Lot Description Acreage, Corner Lot

Story 1

Foundation Slab

Sewer Septic Tank

Water Public, Well

Construction Status Resale

Others

Senior Community No

Tax ID R000039193

Security Features Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Lease Option, Texas Vet, USDA Loan, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Lease Option, Texas Vet, USDA Loan, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21367271

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