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Freestanding Salon in East Temple

211 S 10th Street Temple, TX 76501

211 S 10th Street, Temple, TX, 76501
$70,000
For Sale
$70,000

COMMERCIAL - Temple, TX

Property Size240 SF
Lot Size0.15 Acres
Price / SF$291.67
Days on Market76

Property Features for 211 S 10th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
SF3PD
Standard status
Active
APN
111798 & 111803
Size
240 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
CRAWFORD'S ADDITION, BLOCK 00E, LOT 0006 & CRAWFORD'S ADDITION, BLOCK 00E, LOT 0007

Utilities

Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1980
Floors in Building
1
Flooring type
Vinyl
Building materials
WoodSiding
Listing agency Jirasek Realty
Listed by Jeremy Jirasek · License #0594801
Added: May 8 Checked: Jul 22 at 10:06AM
MLS# 613099

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.


Investment Insights

Based on property information with market context.

This freestanding salon, built in 1980, offers approximately 240 square feet of space. The property is located in East Temple, specifically within the African-American Churches Historic Neighborhood District, situated southeast of Downtown Temple. Temple is positioned regionally between Austin and Waco, within the "Texas Triangle". The site measures approximately 60 feet by 110 feet and includes a small parking area. City of Temple provides water, trash, and sewer services, while Oncor Electric delivers electricity. The zoning is SF-3-PD (currently non-conforming), and the Future Land Use is Downtown Transition. The area has a population of approximately 87,000 and a median household income of $64,200 within a 5-mile radius. The lot size is 0.151 acres. Property taxes were $712 in 2025.

Key Highlights

  • Freestanding Salon: Ready‑to‑operate salon space.
  • Convenient Location: Situated between Austin and Waco in the 'Texas Triangle'.
  • Redevelopment Potential: Future Land Use designated as Downtown Transition.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $4.9k $20.52
− Vacancy −$281 −$1.17
EGI $4.6k $19.35
− OpEx −$1.4k −$5.81
NOI $3.3k $13.55
240 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Retail
$46.4K
$40.6K – $54.2K (±1% cap)
NOI $3,251 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.68M
$2.34M – $3.13M (±1% cap)
NOI $187,548 @ 7.0% cap · market cap 267.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mr G’s V.I.P. ... Barber Shop

Suggested Use

Dental Office Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Parking Lot & Garage Veterinary Clinic Storage Facility Locksmith Tech Support Center Acupuncture

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

FAQs

What type of property is this?
Retail space - Freestanding salon in East Temple, part of historic district.
Where is this retail space located?
The property is located at 211 S 10th Street Temple, TX.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Freestanding Salon: Ready‑to‑operate salon space.; Convenient Location: Situated between Austin and Waco in the 'Texas Triangle'.; Redevelopment Potential: Future Land Use designated as Downtown Transition.
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