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701 Mickan Street, Copperas Cove, TX, 76522
Retail Land with Storefront Use

701 Mickan Street Copperas Cove, TX 76522

For Sale
$120,000

COMMERCIAL - Copperas Cove, TX

Property Size728 SF
Lot Size0.15 Acres
Price / SF$164.84
Days on Market224

Property Features for 701 Mickan Street

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
118097
Size
728 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
COPPERAS COVE HEIGHTS, BLOCK 4, LOT 18, ACRES .15
Tax Annual Amount
1805

Utilities

Water source
Public

Building Details

Year built
1961
Floors in Building
1
Roof type
Shingle, Composition
Listing Agency: All City Real Estate Ltd. Co
Listed By: Dominic Vo · License #0704915
Added: Dec 11, 2025 Changed: Jul 11 Last Checked: Jul 23 at 3:06PM
MLS# 599939

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 commercial land parcel totals 0.15 acres (approximately 6,534 square feet) and is currently occupied and used by a clothing alteration business. The site is positioned for commercial activity with storefront-style use already in place.

The property is located at 701 Mickan Street in Copperas Cove, Texas, just off US Highway 190, offering visibility and traffic exposure.

For sale as a commercial land asset with ongoing storefront use, the property provides a straightforward option for buyers considering an occupied site near a major highway corridor.

Key Highlights

  • 0.15‑acre (6,534 SF) commercial land parcel
  • Located just off US Highway 190 with high visibility and strong traffic exposure
  • Property is currently occupied/used by a clothing alteration business

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 $13.1k $18.00
− Vacancy −$734 −$1.01
EGI $12.4k $16.99
− OpEx −$3.7k −$5.10
NOI $8.7k $11.89
728 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$123.7K
$108.2K – $144.3K (±1% cap)
NOI $8,659 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.9K
$153.0K – $204.0K (±1% cap)
NOI $12,240 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ans cleaners and alterations (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Dental Office Gym & Fitness Center Accounting Firm Food Market Real Estate Agency Furniture & Home Goods Grocery & Convenience Store Skin Care Clinic Pharmacy

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

FAQs

What type of property is this?
Commercial land - 0.15-acre commercial parcel off US Highway 190, currently occupied by a clothing alteration business.
Where is this commercial land located?
The property is located at 701 Mickan Street Copperas Cove, TX.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 0.15‑acre (6,534 SF) commercial land parcel; Located just off US Highway 190 with high visibility and strong traffic exposure; Property is currently occupied/used by a clothing alteration business
More about this property
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