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Retail Building with Major Road Visibility

1005 Marlandwood Road Temple, TX 76502

1005 Marlandwood Road, Temple, TX, 76502
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Fully leased retail building offering convenient access and strong visibility near Baylor Scott & White Hospital.

Property Size22,042 SF
Price / SF$200.30
AddedJun 17
Days on Market29
Last RefreshJun 24 at 4:13 am

Property Features for 1005 Marlandwood Road

General Information

Standard status
Active
Size
22,042 SF
Property subtype
Retail, Office

Listing office DB Commercial Real Estate

Listing date Jun 17, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DB Commercial Real Estate


Investment Insights

Based on property information with market context.

This for-sale retail building is currently 100% leased and occupied, providing an income-producing setup for a buyer seeking operating tenancy at the time of purchase. The property benefits from an easily accessible site layout and is configured to serve day-to-day retail and office needs within the same commercial environment.

Located at 1005 Marlandwood Road in Temple, Texas, the property offers convenient access to nearby arterials, including 31st Street and the HK Dodgen Loop. It is also positioned for visibility along Marlandwood Road and is noted as being convenient to Baylor Scott & White Hospital.

For retail operators and investors, the combination of existing occupancy and high-visibility exposure to passing traffic can support a practical retail presence in a healthcare-adjacent area. The ease of access from key roads may also help visitors and tenants reach the property efficiently.

Key Highlights

  • 100% leased/occupied retail building
  • Easy access to 31st Street and HK Dodgen Loop
  • Convenient to Baylor Scott & White Hospital

Local 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 $677.1k $30.72
− Vacancy −$185.5k −$8.42
EGI $491.6k $22.30
− OpEx −$122.9k −$5.58
NOI $368.7k $16.73
22,042 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$5.27M
$4.61M – $6.14M (±1% cap)
NOI $368,697 @ 7.0% cap · market cap 8.35%
Second Best
Retail
$4.27M
$3.73M – $4.98M (±1% cap)
NOI $298,564 @ 7.0% cap · market cap 6.76%
Theoretical Best
Multifamily LT 5
$246.07M
$215.31M – $287.08M (±1% cap)
NOI $17,224,765 @ 7.0% cap · market cap 390.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Temtex Engineering LLC Structural Engineer Brooke Line Detox Rehabilitation Center Kiley A. Smith, DDS Dental Office Pierce Charles PHD Physician Farmers Insurance - Ronnie ... Insurance Agency

Suggested Use

Law Firm Building Supply Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Electrical Service Barber Shop Accounting Firm Auto Repair Shop Garden Center

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

FAQs

What type of property is this?
Retail space - Fully leased retail building offering convenient access and strong visibility near Baylor Scott & White Hospital.
Where is this retail space located?
The property is located at 1005 Marlandwood Road Temple, TX.
What is the asking price?
The asking price for this property is $4,415,117.
What are key features of this property?
This property features: 100% leased/occupied retail building; Easy access to 31st Street and HK Dodgen Loop; Convenient to Baylor Scott & White Hospital
Contact an agent
(254) 771-5959 Call to check price and availability
More about this property
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