Historic Mixed-Use
For Sale
$335,000
110 E Clark St, Bartlett, TX 76511
Flexible commercial layout supports storefront, office, gallery, or live-work concepts.
Property Size3,000 SF
Price / SF$111.67
Days on Market137
Property Features for 110 E Clark St
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,002
Building Details
Building Size
3,000 SF
Year Built
1974
Buildings
1
Listing Agency:
ERA Brokers Consolidated
(512) 868-0403
Listed By:
Misty Preece
Source:
Buttross
Added: Apr 15
Changed: Aug 29
Last Checked: Aug 29 at 5:03PM
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 ERA Brokers Consolidated
Investment Insights
Based on property information with market context.
This 3,000-square-foot mixed-use commercial building is located at 110 E Clark St in Historic Downtown Bartlett. The property features a vintage facade and original architectural details that contribute to its distinctive character.
The layout can accommodate a range of concepts, including boutique retail, office space, a gallery, or a creative live-work conversion. Cobblestone streets surround the building, and the downtown setting has served as a backdrop for film productions. An adjacent building is also available for lease, creating an option for expansion or a larger business concept.
The layout can accommodate a range of concepts, including boutique retail, office space, a gallery, or a creative live-work conversion. Cobblestone streets surround the building, and the downtown setting has served as a backdrop for film productions. An adjacent building is also available for lease, creating an option for expansion or a larger business concept.
Key Highlights
- 3,000‑square‑foot mixed‑use commercial building
- Located in Historic Downtown Bartlett at 110 E Clark St
- Vintage facade with original architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,375
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$607,500
$607.5K
Cap Rate 7%
$433,929
$433.9K
Cap Rate 9%
$337,500
$337.5K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$54.0K $18.00/SF
− Vacancy
−$5.4K −$1.80/SF
EGI
$48.6K $16.20/SF
− OpEx
−$18.2K −$6.07/SF
NOI
$30.4K $10.13/SF
Area
Bell County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$607,500
Cap Rate 7%
$433,929
Cap Rate 9%
$337,500
Alternative Uses
Best Use
Office B
$716.9K
$627.3K – $836.4K
NOI $50,181 @ 7.0% cap · market cap 14.98%
Second Best
Retail
$580.5K
$508.0K – $677.3K
NOI $40,636 @ 7.0% cap · market cap 12.13%
Theoretical Best
Multifamily LT 5
$33.49M
$29.30M – $39.07M
NOI $2,344,356 @ 7.0% cap · market cap 699.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 76511, TX
2,451
Population
988
Households
2.5
Avg Household Size
41
Median Age
12%
College-Educated
84%
High-School Grad
82.8 sq mi
ZIP Area
30
Density / Sq Mi
$64,215
Median Household Income
$38,101
Median Earnings
$768
Median Rent
$180,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout supports storefront, office, gallery, or live-work concepts.
Where is this mixed-use property located?
The property is located at 110 E Clark St Bartlett, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use commercial building; Located in Historic Downtown Bartlett at 110 E Clark St; Vintage facade with original architectural details
