Freestanding Mixed-Use
New
For Sale
Contact for pricing
1104 South 1st Street, Temple, TX 76504
Standalone commercial building combining office and retail functions with on-site parking.
Property Size4,331 SF
Price / SF$115.22
Days on Market7
Property Features for 1104 South 1st Street
General Information
Standard status
Active
Size
4,331 SF
Property subtype
Retail, Office
Zoning
GR
Building Details
Year Built
1968
Buildings
1
Listing Agency:
DB Commercial Real Estate
(254) 771-5959
Listed By:
Breanna Alvarado · License #TX0769320
Source:
Crexi
Added: Jul 30
Changed: Aug 4
Last Checked: Aug 4 at 6:41AM
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 freestanding mixed-use property contains 4,331 square feet configured for office and retail use. Constructed in 1968, the building offers a standalone commercial format with parking on the property.
The property is located at 1104 South 1st Street in Temple, with access to Downtown Temple and proximity to the VA Hospital, Temple College, and Baylor Scott & White Medical Center. Its office-and-retail configuration supports a range of commercial occupancy possibilities within an established building.
The property is located at 1104 South 1st Street in Temple, with access to Downtown Temple and proximity to the VA Hospital, Temple College, and Baylor Scott & White Medical Center. Its office-and-retail configuration supports a range of commercial occupancy possibilities within an established building.
Key Highlights
- 4,331 SF freestanding office and retail building
- Built in 1968
- On‑site parking
Financial Insights For Mixed Use
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 | $78.0k | $18.00 |
| − Vacancy | −$7.8k | −$1.80 |
| EGI | $70.2k | $16.20 |
| − OpEx | −$26.3k | −$6.07 |
| NOI | $43.9k | $10.13 |
4,331 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.03M
$905.6K – $1.21M
NOI $72,445 @ 7.0% cap · market cap 14.52%
Second Best
Retail
$838.1K
$733.3K – $977.7K
NOI $58,664 @ 7.0% cap · market cap 11.76%
Theoretical Best
Multifamily LT 5
$48.35M
$42.31M – $56.41M
NOI $3,384,469 @ 7.0% cap · market cap 678.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 76504, TX
24,682
Population
11,068
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
801
Density / Sq Mi
$50,420
Median Household Income
$35,753
Median Earnings
$1,106
Median Rent
$162,600
Median Home Value
Market
Properties on Market for Mixed-use properties in Bell County
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 - Standalone commercial building combining office and retail functions with on-site parking.
Where is this mixed-use property located?
The property is located at 1104 South 1st Street Temple, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4,331 SF freestanding office and retail building; Built in 1968; On‑site parking
