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    For Sale (40)

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    Spacious Commercial Building in Lott
    $115,000
    4,800 SF

    Spacious Commercial Building in Lott

    4,800 sq ft commercial building with flexible layout.

    208 E Gassaway, Lott, TX 76656
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    Lott, TX Commercial Opportunity
    $50,000
    2,940 SF

    Lott, TX Commercial Opportunity

    Commercial property in historic Lott, Texas, with unrestricted potential.

    204 E Gassaway, Lott, TX 76656
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    5-Acre Corner Lot in Texas
    $120,000
    5.02 Acres

    5-Acre Corner Lot in Texas

    Gated 5-acre lot near Copperas Cove and Gatesville, TX.

    Pitchfork Rnch Rd, Copperas Cove, TX 76522
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    Turnkey Restaurant with Commercial Kitchen
    $178,500
    0.09 Acres

    Turnkey Restaurant with Commercial Kitchen

    Turnkey restaurant setup with included furniture and commercial kitchen equipment, plus updated HVAC and interior dining space.

    112 Gassaway Ave, Lott, TX 76656
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    Belton, TX Land Opportunity
    Contact for pricing
    0.20 Acres

    Belton, TX Land Opportunity

    Land in Morgan's Point Resort near Lake Belton.

    53 Buttercup Loop, Belton, TX 76513
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    Iconic Restaurant Turnkey Opportunity
    $3,500,000
    6,354 SF

    Iconic Restaurant Turnkey Opportunity

    Established restaurant with drive-thru, recipes, staff, and training included.

    4412 Highway 377 S, Brownwood, TX 76801
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    Versatile Flex-Use Commercial Building
    $178,500
    0.10 Acres

    Versatile Flex-Use Commercial Building

    Move-in ready commercial space with roll-up doors and updated systems, suited for retail, office, storage, or workshop uses.

    116 Gassaway, Lott, TX 76656
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    Lampasas Land in Gated Community
    $306,320
    10.94 Acres

    Lampasas Land in Gated Community

    10.94 acres in Cross Timber Ranch, 15 minutes from Lampasas.

    Shin Oak Dr, Lampasas, TX 76550
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    Downtown Lott Commercial Opportunity
    $55,000
    1,920 SF

    Downtown Lott Commercial Opportunity

    Versatile commercial space in downtown Lott, Texas.

    Gassaway, Lott, TX 76656
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    Killeen Commercial Land For Sale
    $1,070,204
    4.47 Acres

    Killeen Commercial Land For Sale

    4.467 acre commercial land available in Killeen, Texas.

    Desert Willow Dr, Killeen, TX 76549
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    Tenant-Occupied Income Property in Calvert, TX
    $75,000
    0.40 Acres

    Tenant-Occupied Income Property in Calvert, TX

    Four tenant-occupied buildings on one property, ideal for rental income.

    304 W Burnett St, Calvert, TX 77837
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    Hill Country Land Parcel
    $160,000
    5.32 Acres

    Hill Country Land Parcel

    Wooded 5+ acre parcel in Pipe Creek, Texas.

    Mountain Creek Rd, Pipe Creek, TX 78063
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    Killeen Mixed-Use Commercial Property
    $89,000
    1,931 SF

    Killeen Mixed-Use Commercial Property

    Spacious mixed-use property in central Killeen, great visibility.

    514 N 10Th St, Killeen, TX 76541
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    Downtown Lott Commercial Opportunity
    $178,500
    2,400 SF

    Downtown Lott Commercial Opportunity

    Move-in ready commercial space in historic downtown Lott, Texas.

    116 Gassaway Ave, Lott, TX 76656
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    Lampasas Land in Gated Community
    $189,280
    6.76 Acres

    Lampasas Land in Gated Community

    6.76 acres in Cross Timber Ranch near Lampasas, Texas.

    Shin Oak Dr, Lampasas, TX 76550
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    Lampasas Land in Gated Community
    $433,160
    15.47 Acres

    Lampasas Land in Gated Community

    15.74 acres in Cross Timber Ranch, 15 minutes from Lampasas.

    Shin Oak Dr, Lampasas, TX 76550
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    Killeen Commercial Land Opportunity
    $144,900
    0.46 Acres

    Killeen Commercial Land Opportunity

    Strategically located commercial land parcel near I-14 in Killeen.

    313 Cheyenne Dr, Killeen, TX 76542
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    Secluded Pasture Tract
    $39,500
    4.00 Acres

    Secluded Pasture Tract

    A tranquil 4-acre pasture option for recreation and livestock, suited for buyers seeking a private retreat.

    N Grayson St, Groesbeck, TX 76642
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    Expansive Retail/Office Building
    $115,000
    4,800 SF

    Expansive Retail/Office Building

    Large commercial building with a deep interior and storefront, offering flexible space for retail, office, or restaurant concepts.

    208 E Gassaway Ave, Lott, TX 76656
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    Residential Land in Belton, TX
    $35,000
    0.26 Acres

    Residential Land in Belton, TX

    Land for sale in Belton, Texas, build your dream home.

    6537 Tallow Dr, Belton, TX 76513
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    Killeen Commercial Land For Sale
    $338,352
    1.20 Acres

    Killeen Commercial Land For Sale

    1.195 acre commercial land available in Killeen, Texas.

    5301 Desert Willow Dr, Killeen, TX 76549
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    Residential Land in Morgan's Point
    Contact for pricing
    0.15 Acres

    Residential Land in Morgan's Point

    Small lot near Lake Belton with potential for various uses.

    49 Buttercup Loop, Belton, TX 76513
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    Bertram Homesite with Towering Trees
    $211,000
    3.21 Acres

    Bertram Homesite with Towering Trees

    3.21-acre homesite in Shin Oak community, Bertram, TX.

    Riparian Elm Rd, Bertram, TX 78605
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    Pasture Land with Open Space
    $60,000
    6.24 Acres

    Pasture Land with Open Space

    Open pasture acreage in Groesbeck offers room for livestock or outdoor recreation.

    N Grayson St, Groesbeck, TX 76642
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    Versatile Commercial Building on 1.16 Acres
    $980,000
    4,596 SF

    Versatile Commercial Building on 1.16 Acres

    Commercial building on 1.16 acres with expansion potential.

    625 Kennedy Ct, Belton, TX 76513
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    Downtown Retail or Office Building
    $55,000
    0.10 Acres

    Downtown Retail or Office Building

    Former beauty salon with a courtyard and flexible layout, positioned on main street for high visibility in a growing community.

    Gassaway Ave, Lott, TX 76656
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    Retail Storefront Building
    $50,000
    0.10 Acres

    Retail Storefront Building

    Freestanding storefront in Lott with unrestricted development potential, offering flexibility for retail or mixed-use concepts.

    204 E Gassaway Ave, Lott, TX 76656
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    Killeen Commercial Land Available
    $433,596
    1.42 Acres

    Killeen Commercial Land Available

    1.422 acre commercial land for sale in Killeen, Texas.

    5101 Desert Willow Dr, Killeen, TX 76549
    View details
    Killeen Duplex Investment Opportunity
    $7,500,000
    51,964 SF

    Killeen Duplex Investment Opportunity

    20-unit duplex package near Ft. Cavazos with low vacancy rate.

    4509 Passion Flower Loop, Killeen, TX 76549
    View details
    Prime Commercial Land in Killeen
    $270,000
    1.20 Acres

    Prime Commercial Land in Killeen

    Centrally located corner lot near Fort Cavazos.

    502 W Elms Rd, Killeen, TX 76542
    View details
    Commercial Land with B-5 Zoning
    $144,900
    0.46 Acres

    Commercial Land with B-5 Zoning

    Versatile B-5 zoned parcel near I-14, with engineering plans available for a counseling/therapy office concept.

    313 Cheyenne Dr, Killeen, TX 76542
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    Restaurant Ready in Historic Downtown
    $178,500
    2,400 SF

    Restaurant Ready in Historic Downtown

    Restaurant with equipment included in historic Lott, Texas.

    112 Gassaway, Lott, TX 76656
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    Downtown Lott Versatile Commercial Space
    $55,000

    Downtown Lott Versatile Commercial Space

    Adaptable commercial space in downtown Lott, Texas, ready for business.

    Gassaway, Lott, TX 76656
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    Killeen Specialty Property For Sale
    $7,500,000

    Killeen Specialty Property For Sale

    Specialty property available for purchase in Killeen, Texas.

    4509 N Passion Flower Loop, Killeen, TX 76549
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    Versatile Medical/Office Building For Sale
    Contact for pricing

    Versatile Medical/Office Building For Sale

    Adaptable medical/office building in high-demand area, prime investment opportunity.

    2900 Trimmier Rd, Killeen, TX 76542
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    Killeen Duplex Investment Opportunity
    Contact for pricing

    Killeen Duplex Investment Opportunity

    20-unit duplex package near Ft. Cavazos with low vacancy.

    4509 Passion Flower Blvd, Killeen, TX 76549
    View details
    Land Available in Groesbeck, Texas
    $39,500

    Land Available in Groesbeck, Texas

    Land for sale in Groesbeck, Texas.

    0000 N Grayson St, Groesbeck, TX 76642
    View details
    Killeen Commercial Development Opportunity
    $250,000

    Killeen Commercial Development Opportunity

    4.85-acre commercial tract zoned M-1 in Killeen, Texas.

    712 N Twin Creek Dr, Killeen, TX 76543
    View details
    Downtown Lott Commercial Space
    Contact for pricing
    2,400 SF

    Downtown Lott Commercial Space

    Versatile commercial space in historic downtown Lott, Texas.

    116 E Gassaway, Lott, TX 76656
    View details
    Mixed-Use Property in Central Killeen
    Contact for pricing
    1,931 SF

    Mixed-Use Property in Central Killeen

    Spacious mixed-use property with great visibility, minutes from downtown.

    514 N 10Th St, Killeen, TX 76541
    View details

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    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
    Elevate Texas Real Estate
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