Modern Harker Heights Flex
104 W Veterans Memorial Blvd Harker Heights, TX 76548
For Sale
$1,700,000
Versatile commercial flex space with office and warehouse capabilities.
Property Size8,600 SF
Price / SF$197.67
Days on Market95
Property Features for 104 W Veterans Memorial Blvd
General Information
- Standard status
- Active
- Size
- 8,600 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2019
Listing Agency:
Coldwell Banker Realty
(254) 289-9861
Listed By:
Scott Shine · License #0282773
(254) 289-9861
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 26 at 1:03PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 8,600 sq ft commercial flex space, constructed in 2019, is located along Business Hwy 190 in Harker Heights. The property is designed for efficiency, accessibility, and security, offering a combination of professional office space, climate-controlled storage, and high-clearance warehouse capabilities. The property includes 2,600 sq ft of office and climate-controlled space and 6,000 sq ft of secured and foam-insulated warehouse space. Additionally, there is 1,200 sq ft of covered parking or storage. The location provides access to major Central Texas hubs, including Harker Heights, Killeen, Nolanville, Belton, Temple, Copperas Cove, Georgetown, Round Rock, and Waco. This corridor supports high traffic visibility and efficient connectivity for logistics and clients. The property is suitable for growing businesses, distribution operations, service companies, or regional headquarters.
Key Highlights
- 8,600 sq ft commercial flex space built in 2019.
- 6,000 sq ft secured and foam insulated warehouse space.
- 2,600 sq ft of office and climate‑controlled space.
Financial Insights For Flex RnD
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 | $172.3k | $20.04 |
| − Vacancy | −$10.3k | −$1.20 |
| EGI | $162.0k | $18.84 |
| − OpEx | −$56.7k | −$6.59 |
| NOI | $105.3k | $12.24 |
8,600 SF · lease $20.04/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.50M
$1.32M – $1.76M
NOI $105,302 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$96.01M
$84.01M – $112.01M
NOI $6,720,487 @ 7.0% cap · market cap 395.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Versatile commercial flex space with office and warehouse capabilities.
Where is this flex space located?
The property is located at 104 W Veterans Memorial Blvd Harker Heights, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 8,600 sq ft commercial flex space built in 2019.; **6,000 sq ft secured and foam insulated warehouse space.**; 2,600 sq ft of office and climate‑controlled space.
