Flex Facility with Loading
For Sale
$1,150,000
101 John Kelly Street, Burnet, TX 78611
Commercial Sale, Burnet, TX
Property Size6,210 SF
Lot Size1.90 Acres
Price / SF$185.19
Days on Market93
Property Features for 101 John Kelly Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
In Burnet take Hwy 281 South. Property is on the corner of Hwy 281 and John Kelly Dr.
Standard status
Active
APN
056905
Lot size
1.90 Acres
Taxes and HOA fees
Tax Description
ABS A0880 LEMUEL TAYLOR, 1.902 ACRES
Legal Description
ABS A0880 LEMUEL TAYLOR, 1.902 ACRES
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
dock-height receiving and loading area
professional air distribution system
three HVAC systems
LED lighting throughout
natural gas
city water and sewer
600-amp, 480-volt electrical service
Building Details
Year built
1995
Flooring type
Concrete
Listing Agency:
Topper Real Estate
(830) 868-4663
Listed By:
Rodney Topper · License #643265
(830) 385-9658
Added: Jul 7
Changed: Oct 7
Last Checked: Oct 7 at 2:06PM
MLS# 178644
Copyright © 2026 Highland Lakes Association of Realtors 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 1995 flex facility combines office functions with industrial and operational space on a 1.9-acre property. The building has a rock exterior, metal roof, concrete flooring, four private offices, a conference or meeting room, and two restrooms, including one equipped with two shower stalls. A dock-height receiving area supports loading activity, while three HVAC systems, LED lighting, and a professional air distribution system serve the interior.
Located at 101 John Kelly Street in Burnet, the property has city water, public sewer, and natural gas. Electrical service includes 600 amps at 480 volts. Heavy Commercial zoning is in place through the City of Burnet, with the facility positioned for industrial, warehouse, distribution, contractor, and service-related uses.
Located at 101 John Kelly Street in Burnet, the property has city water, public sewer, and natural gas. Electrical service includes 600 amps at 480 volts. Heavy Commercial zoning is in place through the City of Burnet, with the facility positioned for industrial, warehouse, distribution, contractor, and service-related uses.
Key Highlights
- 6,210‑square‑foot commercial facility on 1.9 acres
- Heavy Commercial zoning by the City of Burnet
- 600‑amp, 480‑volt electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,904
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,398,080
$1.4M
Cap Rate 7%
$998,629
$998.6K
Cap Rate 9%
$776,711
$776.7K
Market Conditions
NOI Build-Up for 6,210 SF
Gross rent
$92.4K $14.88/SF
− Vacancy
−$10.2K −$1.64/SF
EGI
$82.2K $13.24/SF
− OpEx
−$12.3K −$1.99/SF
NOI
$69.9K $11.26/SF
Area
Burnet County, TX
Vacancy
11.00%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,398,080
Cap Rate 7%
$998,629
Cap Rate 9%
$776,711
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.18M
NOI $130,514 @ 7.0% cap · market cap 11.35%
Second Best
Warehouse
$998.6K
$873.8K – $1.17M
NOI $69,904 @ 7.0% cap · market cap 6.08%
Theoretical Best
Hotel Hospitality
$4.68M
$4.09M – $5.46M
NOI $327,422 @ 7.0% cap · market cap 28.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Heavy power
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78611, TX
14,839
Population
7,417
Households
2
Avg Household Size
47
Median Age
28%
College-Educated
91%
High-School Grad
274.1 sq mi
ZIP Area
54
Density / Sq Mi
$78,243
Median Household Income
$40,062
Median Earnings
$1,111
Median Rent
$291,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Heavy Commercial zoning and a blend of office, warehouse, and service-oriented space support varied business operations.
Where is this flex space located?
The property is located at 101 John Kelly Street Burnet, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6,210‑square‑foot commercial facility on 1.9 acres; Heavy Commercial zoning by the City of Burnet; 600‑amp, 480‑volt electrical service
