Franklin Commercial Building on FM
910 Wheelock St Farm To Market Road Franklin, TX 77856
For Sale
$187,000
COMMERCIAL - Franklin, TX
Property Size1,700 SF
Lot Size0.52 Acres
Price / SF$110
Days on Market230
Property Features for 910 Wheelock St Farm To Market Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Robertson
Standard status
Active
APN
910 Wheelock St 202
Size
1,700 SF
Lot size
0.52 Acres
Building Details
Flooring type
Concrete
Listing Agency:
Captiva Realty
(979) 324-4363
Listed By:
Steve Cox
(979) 324-4363
Added: Dec 10, 2025
Changed: May 18
Last Checked: Jul 28 at 3:06PM
MLS# 25012847
Copyright © 2026 Bryan-College Station Regional MLS. 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 1700 SF building, situated on a concrete slab in Franklin, Texas, presents versatile possibilities for various business ventures. Previously utilized as both an auto repair shop and a woodworking shop, the property offers potential for diverse applications. The 0.465-acre lot features 150 feet of frontage on FM 46 and extends 135 feet in depth. The building has a metal exterior, a restroom, and a small area formerly used as an office. Constructed with a wood frame, the building benefits from spray foam insulation throughout. The property is connected to the City of Franklin's water and sewer services. Located within the Franklin ISD, this property could be an ideal location for establishing or expanding a business.
Key Highlights
- Versatile 1700 SF building suitable for various business purposes.
- Large .465 acre lot with 150 ft frontage on FM 46.
- Connected to City of Franklin Water and Sewer.
Financial Insights For Industrial
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 | $17.3k | $10.20 |
| − Vacancy | −$954 | −$0.56 |
| EGI | $16.4k | $9.64 |
| − OpEx | −$4.9k | −$2.89 |
| NOI | $11.5k | $6.75 |
1,700 SF · lease $10.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$262.8K
$229.9K – $306.6K
NOI $18,393 @ 7.0% cap · market cap 9.84%
Second Best
Industrial
$163.9K
$143.4K – $191.2K
NOI $11,470 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$418.6K
$366.3K – $488.4K
NOI $29,303 @ 7.0% cap · market cap 15.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- The Lube Exchange — 408 W Decherd St, Franklin, TX 77856
- Country Life Equipment Company — Next to Franklin Napa, 107 W Hwy 79, Franklin, TX 77856
Frequently Asked Questions
What type of property is this?
Auto shop - 1700 SF commercial building suitable for various business applications.
Where is this auto shop located?
The property is located at 910 Wheelock St Farm To Market Road Franklin, TX.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: Versatile 1700 SF building suitable for various business purposes.; Large .465 acre lot with **150 ft frontage on FM 46**.; Connected to City of Franklin Water and Sewer.
