Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1820 S Loop 121 Belton, TX 76513

    View on Map
    Claim this Listing
    For Sale
    $2,103,077

    COMMERCIAL - Belton, TX

    Lot size:
    4.83 Acres
    Added:
    May 13, 2025
    Days on Market:
    359
    Last Refresh:
    May 6 at 8:06 pm

    Property Features for 1820 S Loop 121

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    123544
    Lot size
    4.83 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    A0906BC J P WALLACE, 13-5, ACRES 4.828
    Tax Annual Amount
    2148

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Devin Forbes

    Listing agent Devin Forbes License #0671083

    Listing office All City Real Estate Ltd. Co 10222 Pecan Park, Suite 10 #5417, Austin, TX

    Listing date May 13, 2025

    MLS# 579592

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime 4.83‑acre commercial tract on S. Loop 121.
    • High visibility and easy access in a rapidly growing commercial corridor.
    • Suitable for diverse commercial uses: retail, office, industrial, or mixed‑use.
    • Minutes from major highways, downtown Belton, and the University of Mary Hardin‑Baylor.
    • Excellent exposure and connectivity.
    • Public water and sewer available.

    Overview

    Belton Commercial Land Opportunity

    This 4.828-acre commercial property is located on S. Loop 121 in Belton, Texas. The tract offers high visibility and easy access in a rapidly growing commercial corridor. The location is surrounded by a diverse mix of industry and small businesses, making it suited for a wide range of commercial uses, including retail, office, industrial, or mixed-use development. The property is centrally located and provides exposure and connectivity, being just minutes from major highways, downtown Belton, and the University of Mary Hardin-Baylor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Gym & Fitness Center Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belton
    County
    Bell
    State
    Texas
    Longitude
    -97.487784
    Latitude
    31.043284

    Nearby Similar for Sale

    • $599,000
      5,000 SF

      Versatile Commercial Building in Belton, TX

      5,000+ sq ft flex space near I-14 and I-35.
      1544 Jackrabbit Road, Belton, TX 76513
      View Details
    • $980,000
      4,596 SF

      Versatile Commercial Building on 1.16 Acres

      Commercial building on 1.16 acres with expansion potential.
      625 Kennedy Court, Belton, TX 76513
      View Details
    • $369,000
      1,581 SF

      Belton Commercial Property Near IH 35

      Commercial property with potential for hotel, office, retail, or light industrial.
      1915 & 1925 S Wall Street, Belton, TX 76513
      View Details
    • $799,900
      2,661 SF

      Turn-Key Equine Facility in Belton

      Equine facility with trainer's barn, comfortable home, and modern amenities.
      2700 AUCTION BARN, Belton, TX 76513
      View Details
    • $1,150,000
      2,494 SF

      High-Visibility Mixed-Use Opportunity on SH 317

      Mixed-use property with high visibility and redevelopment potential.
      4916 State Highway 317, Belton, TX 76513
      View Details
    • $425,000

      Belton, TX Commercial Land

      2.755 acres near Lake Belton High School.
      10627 Fm 2483, Belton, TX 76513
      View Details
    • $690,208

      Belton, TX Commercial Land

      3.169+/- acres of commercial land in Belton, Texas.
      FM2410, Belton, TX 76513
      View Details
    • $549,000

      Belton, TX Land Opportunity

      2.99 acres of highly visible land on W Loop 121.
      901 Loop 121 lot: 2, Belton, TX 76513
      View Details
    • $333,887

      Commercial Land FM 2410

      1.515 acre commercial land for sale in Belton, Texas.
      FM 2410, Belton, TX 76513
      View Details
    • $1,750,000

      Belton, TX Commercial Investment Opportunity

      4.417 acre commercial property with highway access in Central Texas.
      1498 Old Golf Course Road, Belton, TX 76513
      View Details
    • $259,000
      624 SF

      Updated Commercial Space Near Downtown

      Updated commercial space near downtown Belton, suitable for retail/office.
      620 E 6th Avenue, Belton, TX 76513
      View Details
    • $250,000

      Belton, TX Land For Sale

      Land available in Belton, Texas, Bell County.
      1507 Holland Road lot: 2, Belton, TX 76513
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.83-acre commercial tract on S. Loop 121 in Belton.
    Where is this commercial land located?
    The property is located at 1820 S Loop 121 Belton, TX.
    What is the asking price?
    The asking price for this property is $2,103,077.
    What are key features of this property?
    This property features: Prime 4.83‑acre commercial tract on S. Loop 121.; High visibility and easy access in a rapidly growing commercial corridor.; Suitable for diverse commercial uses: retail, office, industrial, or mixed‑use.
    (254) 317-0424
    We can help!
    Listing Contact
    Devin Forbes
    Real Estate License ID: 0671083
    Learn More
    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.
    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

    Thank You for Inquiry
    1820 S Loop 121, Belton, TX 76513
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!