408 E Avenue D, Copperas Cove, TX 76522
COMMERCIAL - Copperas Cove, TX
- Added:
- Mar 30, 2022
- Days on Market:
- 1532
- Last Refresh:
- Jun 8 at 3:06 pm
Property Features for 408 E Avenue D
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 100598
- Size
- 988 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Description
- 0011 J ANDERSON, ACRES .28
- Tax Annual Amount
- 1989
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Asphalt, VerticalSiding
Listing agent Bruce Whiteside License #0671719 (254) 535-9010
Listing office eXp Realty LLC 1431 Greenway Drive, TX (888) 519-7431
Listing date Mar 30, 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
- Consistent rental income of $1,695 per month.
- Prime commercial investment property in Central Texas.
- Excellent visibility and accessibility in a high‑traffic area on East Ave D.
- B‑4 zoning allows for a wide range of commercial uses.
- Turnkey commercial property.
- Ideal for redevelopment or expansion opportunities.
Overview
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 | $17.8k | $18.00 |
| − Vacancy | −$996 | −$1.01 |
| EGI | $16.8k | $16.99 |
| − OpEx | −$5.0k | −$5.10 |
| NOI | $11.8k | $11.89 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- The Daisy — 1028 Hawk Trail, Copperas Cove, TX 76522
Location Insight
- Map
- Local Demand
- City
- Copperas Cove
- County
- Coryell
- State
- Texas
- Longitude
- -97.89797
- Latitude
- 31.12234