308 E Avenue D, Copperas Cove, TX 76522
COMMERCIAL - Copperas Cove, TX
- Added:
- Apr 6, 2022
- Days on Market:
- 1525
- Last Refresh:
- Jun 8 at 2:06 pm
Property Features for 308 E Avenue D
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 118745
- Size
- 1,351 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Description
- CRABB ADDN, BLOCK 1, LOT 4 E 1/2 & LOT 5, ACRES .234
- Tax Annual Amount
- 2115
Utilities
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- VinylSiding
Listing agent Bruce Whiteside License #0671719 (254) 535-9010
Listing office eXp Realty LLC 1431 Greenway Drive, TX (888) 519-7431
Listing date Apr 6, 2022
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
- Large lot size
- Commercial building currently used as a restaurant
- Investor opportunity
- Tile flooring throughout
- Central heating
- Public water source
Overview
Local Financial Insights For Specialty 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 | $27.6k | $20.40 |
| − Vacancy | −$1.4k | −$1.02 |
| EGI | $26.2k | $19.38 |
| − OpEx | −$6.5k | −$4.85 |
| NOI | $19.6k | $14.54 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Dee-Jay's Smokehouse — 105 W Ave E, Copperas Cove, TX 76522
Location Insight
- Map
- Local Demand
- City
- Copperas Cove
- County
- Coryell
- State
- Texas
- Longitude
- -97.899746
- Latitude
- 31.122751
