Freestanding Retail
For Sale
$340,000
113 North 10th Street, Gatesville, TX 76528
The building dates to 1985 and sits near E Main St and US-84.
Property Size2,200 SF
Price / SF$154.55
Days on Market25
Property Features for 113 North 10th Street
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Retail
Additional Details
Traffic Count
18,289 vehicles/day
Listed By:
Jane Huscroft
Source:
Cbre
Added: Sep 13
Changed: Oct 6
Last Checked: Oct 5 at 6:14PM
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 Jane Huscroft
Investment Insights
Based on property information with market context.
This freestanding retail property was built in 1985 and is located at 113 N 10th Street in Gatesville, Texas. The site is positioned just off E Main St and US-84, a corridor reporting 18,289 average daily traffic.
Key Highlights
- Freestanding retail building
- Built in 1985
- Near E Main St and US‑84
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,168
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,360
$523.4K
Cap Rate 7%
$373,829
$373.8K
Cap Rate 9%
$290,756
$290.8K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$39.6K $18.00/SF
− Vacancy
−$2.2K −$1.01/SF
EGI
$37.4K $16.99/SF
− OpEx
−$11.2K −$5.10/SF
NOI
$26.2K $11.89/SF
Area
Coryell County, 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%
$523,360
Cap Rate 7%
$373,829
Cap Rate 9%
$290,756
Alternative Uses
Best Use
Retail
$373.8K
$327.1K – $436.1K
NOI $26,168 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$528.4K
$462.4K – $616.5K
NOI $36,990 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18,289 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76528, TX
18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - The building dates to 1985 and sits near E Main St and US-84.
Where is this storefront property located?
The property is located at 113 North 10th Street Gatesville, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Freestanding retail building; Built in 1985; Near E Main St and US‑84
