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Retail Space with Salon Buildout
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1005 N 10th Street B, Killeen, TX 76541

Existing salon configuration includes a private ADA bathroom and off-street parking.

Property Size1,500 SF
Price / SF$0.83
Days on Market91

Property Features for 1005 N 10th Street B

General Information

Standard status Active
Size 1,500 SF
Property subtype CommercialLease

Amenities

PRIVATE ADA BATHROOM
Listing Agency: Jim Wright Company
Listed By: Jim Wright · License #0181945
Source: Cornerstone-properties
Added: Jul 20 Changed: Oct 11 Last Checked: Oct 16 at 8:34AM

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 Jim Wright Company

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Investment Insights

Based on property information with market context.

This retail space is configured for salon use and includes a private ADA bathroom. The existing layout may support an operator seeking a commercial setting with established salon-oriented improvements.

The property is located at 1005 N 10th Street, B, near the intersection of N. 10th Street and Rancier. Off-street parking is available, adding practical convenience for customers and staff.

Key Highlights

  • Configured for hair salon use
  • Private ADA bathroom
  • Off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,842
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,840 $356.8K
Cap Rate 7%
$254,886 $254.9K
Cap Rate 9%
$198,244 $198.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$1.5K −$1.01/SF
EGI
$25.5K $16.99/SF
− OpEx
−$7.6K −$5.10/SF
NOI
$17.8K $11.89/SF
Area
Killeen, TX
Vacancy
5.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,840
Cap Rate 7%
$254,886
Cap Rate 9%
$198,244

Alternative Uses

Best Use
Retail
$254.9K
$223.0K – $297.4K (±1% cap)
NOI $17,842 @ 7.0% cap · market cap 1,427.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$360.3K
$315.3K – $420.3K (±1% cap)
NOI $25,220 @ 7.0% cap · market cap 2,017.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Texas Benefits Assistance ... Insurance Agency Convergys Business Service Center Victory Over Destitute ... Consultant

Suggested Use

Top Pick Building Supply Dental Office Real Estate Agency Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby

Demographics for 76541, TX

19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Existing salon configuration includes a private ADA bathroom and off-street parking.
Where is this retail space located?
The property is located at 1005 N 10th Street B Killeen, TX.
What are key features of this property?
This property features: Configured for hair salon use; Private ADA bathroom; Off‑street parking
More about this property
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