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5207 Dogridge Road, Belton, TX, 76513
Work/Live Flex Warehouse Building

5207 Dogridge Road Belton, TX 76513

For Sale
$790,000

COMMERCIAL - Belton, TX

Property Size4,000 SF
Lot Size10.00 Acres
Price / SF$197.50
Days on Market75

Property Features for 5207 Dogridge Road

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
RV, Special Needs
Security features
Security
Interior features
Storage
Exterior features
Lighting, Storage
Standard status
Active
APN
399470
Size
4,000 SF
Lot size
10.00 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
A0433BC W M HEAD, ACRES 10.0
Tax Annual Amount
5912

Utilities

Sewer type
Septic Tank, Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric

Building Details

Year built
2010
Floors in Building
2
Flooring type
Tile, Concrete
Building materials
MetalFrame, MetalSiding
Roof type
Metal
Additional Structures
Storage
Listing Agency: Benchmark Real Estate
Listed By: Damon Gottschalk · License #0656896
Added: May 14 Changed: Jul 12 Last Checked: Jul 26 at 11:06PM
MLS# 613685

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.

A 4,000 sq ft work/live flex warehouse built in 2008, offering a 2,400 sq ft shop/warehouse area with high ceilings and bay doors. The building also includes 800 sq ft of office/showroom space on the ground level and 800 sq ft of apartment/living quarters upstairs. The property sits on approximately 10 acres of gently sloping land and features direct access, ample parking, and covered areas, including a 1,600 sq ft awning.

The site has road frontage on Dogridge Road and utility services in place, including Dogridge water, Oncor electric, and septic. The listing notes no zoning restrictions (ETJ).

Designed for a combined commercial and residential configuration, the layout separates shop/warehouse operations from office/showroom space and the upstairs living quarters, supported by bay-door access to the warehouse area.

Key Highlights

  • ±10‑acre flex/warehouse property with a 4,000 SF building on Dogridge Rd with direct access
  • 2,400 SF shop/warehouse with high ceilings and bay doors, plus 800 SF office/showroom downstairs
  • Additional 800 SF apartment/living quarters upstairs for a work‑live setup

Financial Insights For Office B

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 $122.9k $30.72
− Vacancy −$33.7k −$8.42
EGI $89.2k $22.30
− OpEx −$22.3k −$5.58
NOI $66.9k $16.73
4,000 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$955.8K
$836.4K – $1.12M (±1% cap)
NOI $66,908 @ 7.0% cap · market cap 8.47%
Second Best
Flex RnD
$699.7K
$612.2K – $816.3K (±1% cap)
NOI $48,978 @ 7.0% cap · market cap 6.20%
Theoretical Best
Multifamily LT 5
$44.65M
$39.07M – $52.10M (±1% cap)
NOI $3,125,808 @ 7.0% cap · market cap 395.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Big Box & Wholesale Store Restaurant HVAC Service Electrical Service Building Supply Storage Facility Garden Center Plumbing Service Gym & Fitness Center

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

FAQs

What type of property is this?
Flex space - Versatile 4,000 sq ft flex/warehouse built in 2008 with shop, office/showroom, and upstairs living quarters.
Where is this flex space located?
The property is located at 5207 Dogridge Road Belton, TX.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: ±10‑acre flex/warehouse property with a 4,000 SF building on Dogridge Rd with direct access; 2,400 SF shop/warehouse with high ceilings and bay doors, plus 800 SF office/showroom downstairs; Additional 800 SF apartment/living quarters upstairs for a work‑live setup
More about this property
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