Updated Storefront
For Sale
Under Contract
$259,000
620 E 6th Avenue, Belton, TX 76513
CommercialSale, Belton, TX
Property Size624 SF
Lot Size0.16 Acres
Price / SF$415.06
Days on Market259
Property Features for 620 E 6th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage
Subdivision
Belton Original
Lot features
City Lot, Less Than Quarter Acre
Directions
Exit 93/6th avenue from I-35; travel west and property will be on the right
Standard status
Active Under Contract
APN
122912
Size
624 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BELTON ORIGINAL, BLOCK 069, LOT PT BLK, (49.82' X 136.54' X 50.01' X 136.42'), ACRES .156
Tax Annual Amount
1292
Legal Description
BELTON ORIGINAL, BLOCK 069, LOT PT BLK, (49.82' X 136.54' X 50.01' X 136.42'), ACRES .156
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Flooring type
Concrete
Building materials
HardiplankType
Listing Agency:
Nancy Best Realty
(512) 571-1259
Listed By:
Nancy E. Best · License #0683216
(512) 930-2000
Added: Dec 23, 2025
Changed: Aug 20
Last Checked: Sep 8 at 4:06PM
MLS# 600528
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 624-square-foot storefront at 620 E 6th Avenue offers a compact commercial footprint for beauty shop, retail, or office use. The property received a comprehensive update in 2019 that included electrical, HVAC, plumbing, sheetrock, and interior and exterior paint. The roof was replaced in 2024. Concrete flooring, central heating and central air, Hardiplank construction, and garage parking are included.
The property is near downtown Belton with access to I-35. It carries Uptown zoning, and public water and public sewer serve the site. The 0.156-acre parcel is identified as a storefront property, with an adjacent property also available.
The property is near downtown Belton with access to I-35. It carries Uptown zoning, and public water and public sewer serve the site. The 0.156-acre parcel is identified as a storefront property, with an adjacent property also available.
Key Highlights
- 624 square feet of storefront space
- Comprehensive 2019 update included electrical, HVAC, plumbing, sheetrock, and paint
- Roof replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,452
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$169,040
$169.0K
Cap Rate 7%
$120,743
$120.7K
Cap Rate 9%
$93,911
$93.9K
Market Conditions
NOI Build-Up for 624 SF
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.
Gross rent
$12.8K $20.52/SF
− Vacancy
−$730 −$1.17/SF
EGI
$12.1K $19.35/SF
− OpEx
−$3.6K −$5.81/SF
NOI
$8.5K $13.55/SF
Area
Bell County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$169,040
Cap Rate 7%
$120,743
Cap Rate 9%
$93,911
Alternative Uses
Best Use
Retail
$120.7K
$105.7K – $140.9K
NOI $8,452 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.97M
$6.10M – $8.13M
NOI $487,626 @ 7.0% cap · market cap 188.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76513, TX
43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - The building is presented for beauty shop, retail, or office use within Uptown zoning.
Where is this storefront property located?
The property is located at 620 E 6th Avenue Belton, TX.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 624 square feet of storefront space; Comprehensive 2019 update included electrical, HVAC, plumbing, sheetrock, and paint; Roof replaced in 2024
