Flex Building with Road
625 N La Grange Street Flatonia, TX 78941
625 N La Grange Street, Flatonia, TX, 78941
$450,000
For Sale
$450,000
COMMERCIAL - Flatonia, TX
Property Size3,200 SF
Lot Size2.00 Acres
Price / SF$140.63
Days on Market36
Property Features for 625 N La Grange Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- GC
- Standard status
- Active
- APN
- R27995
- Size
- 3,200 SF
- Lot size
- 2.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BACA ADDN. (401) BLK 10 2. COMM - FLOY FARM AND GARDEN
- Tax Annual Amount
- 4085
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- MetalFrame, MetalSiding
- Roof type
- Metal
Listing Agency
Legacy Land Associates
(512) 776-1398
111 E North Main St., TX
Listed by
Jodie Ann Siptak · License #0477658
(361) 772-6702
Added: Jun 15 Updated: Jul 10 at 5:34 pm Checked: Jul 20 at 3:06 pm
MLS# 616560
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.
The property includes a 3,200-square-foot free-span metal building situated on a 2-acre tract. The building was recently used for retail, and it may be retrofitted for other uses including office, warehouse, or restaurant. Utilities on site include city water, septic, and electricity, with electricity currently described as a 200-amp service; three-phase power is noted as available close by.
The tract has road frontage on the east and south sides, including 225 feet on FM 609 and 425 feet on East 12th Street. The property is zoned GC.
This is a straightforward setup for a single-building operation with substantial frontage on two sides, supported by utilities already in place for continued commercial use.
The tract has road frontage on the east and south sides, including 225 feet on FM 609 and 425 feet on East 12th Street. The property is zoned GC.
This is a straightforward setup for a single-building operation with substantial frontage on two sides, supported by utilities already in place for continued commercial use.
Key Highlights
- 2‑acre tract with road frontage on FM 609 (225 ft) and East 12th Street (425 ft) near the FM 609 and I‑10 intersection in Flatonia, TX
- 3200 SF free‑span metal building on site, recently used for retail; could be retrofitted for offices, warehouse space, or a restaurant
- Metal roof and metal frame with metal siding; concrete flooring
Local Financial Insights For Warehouse
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 | $25.7k | $8.04 |
| − Vacancy | −$2.6k | −$0.82 |
| EGI | $23.1k | $7.22 |
| − OpEx | −$3.5k | −$1.08 |
| NOI | $19.6k | $6.14 |
3,200 SF · lease $8.04/SF/yr · vacancy 10.20% · expense 15.00%
Alternative Uses
Best Use
Retail
$619.2K
$541.8K – $722.4K
NOI $43,345 @ 7.0% cap · market cap 9.63%
Second Best
Warehouse
$280.5K
$245.5K – $327.3K
NOI $19,638 @ 7.0% cap · market cap 4.36%
Theoretical Best
Multifamily LT 5
$35.88M
$31.39M – $41.86M
NOI $2,511,372 @ 7.0% cap · market cap 558.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Floy Farm Interior
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - A 3,200 sf metal free-span building on a 2-acre tract with city utilities and frontage on FM 609 and East 12th Street.
Where is this flex space located?
The property is located at 625 N La Grange Street Flatonia, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2‑acre tract with road frontage on FM 609 (225 ft) and East 12th Street (425 ft) near the FM 609 and I‑10 intersection in Flatonia, TX; 3200 SF free‑span metal building on site, recently used for retail; could be retrofitted for offices, warehouse space, or a restaurant; Metal roof and metal frame with metal siding; concrete flooring
