Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Space with Loft Area Title is generated by Realmo AI

    113 Salado Plaza Dr, Salado, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Air-conditioned office suite featuring a loft and kitchenette.

    Type:OFFICE
    Property size:
    3,204 SF
    Lot size:
    1.77 Acres
    Added:
    Oct 1, 2025
    Days on Market:
    233
    Last Refresh:
    Apr 5 at 8:34 pm

    Property Features for 113 Salado Plaza Dr

    General Information

    Standard status
    Active
    Size
    3,204 SF
    Lot size
    1.77 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 113 Salado Plaza Dr Contact us

    We can help!

    Listing Contact
    Bobby Spradley
    Bobby Spradley

    Listing agent Bobby Spradley License #0464664

    Listing office Spradley Properties

    Listing date Oct 1, 2025

    Source Moodyscre

    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 Spradley Properties

    HighLights

    • Air conditioned suite for comfortable working conditions
    • Steel frame metal building, offering durability
    • Large open area, ideal for flexible workspace configurations
    • Two separate rooms (offices) for private meetings or focused work
    • Full kitchenette provides convenience for staff
    • Lofted area (office) offers a unique and private workspace

    Overview

    This is a steel frame metal building featuring one 9'x10' sliding door. The entire suite is air conditioned. The layout includes a large open area, with two separate rooms suitable for private offices or accommodating multiple desks. A lofted area is also present, which can be utilized as an office space. The suite is equipped with a full kitchenette and one restroom. The property offers a total area of 3204 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Casa Verde Microgreens Food Processing Plant Ashai Health Gym & Fitness Center American Helix Industrial Manufacturer Centex Regenerative Services Medical Clinic Ashai Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.533
    Latitude
    30.955

    Nearby Similar for Lease

    • $2,500/Mo
      2,000 SF

      Warehouse-Office Flex Space For Lease

      New 2,000 SF warehouse-office flex space for lease in Salado.
      6316 FM 2484, Salado, TX 76571
      View Details
    • $4,600/Mo
      4,000 SF

      Warehouse-Office Flex Space For Lease

      New 4,000 SF warehouse-office flex space for lease in Salado.
      6350 FM 2484, Salado, TX 76571
      View Details
    • $12,100/Mo
      10,000 SF

      Salado Warehouse and Office Space

      Warehouse and office space available for lease in Salado, TX.
      10480 Brewer Road, Salado, TX 76571
      View Details
    • $4,600/Mo
      4,000 SF

      Warehouse-Office Flex Space For Lease

      New 4,000 SF warehouse-office flex space for lease in Salado.
      6350 FM 2484, Salado, TX 76571
      View Details
    • $20 SF/Yr
      1,500 SF

      Salado Office Warehouse Industrial Space

      Office warehouse space for lease near I-35 in Salado.
      4272 Fm 2484, Salado, TX
      View Details
    • $24 SF/Yr
      2,600 SF

      Restaurant Space with I-35 Frontage

      Restaurant space with high visibility and convenient interstate access.
      22612 S Interstate 35, Salado, TX
      View Details
    • Contact for pricing
      1,193 SF

      Historic Main Street Office Space

      Office space with visibility on Historic Main Street in Salado.
      301 N Main St, Salado, TX
      View Details
    • Contact for pricing
      763 SF

      Office Space For Rent

      Single tenant office unit available for rent, 763 SqFt.
      642A N Main St, Salado, TX 76571
      View Details
    • $26 SF/Yr
      2,040 SF

      Retail Space with IH-35 Frontage

      Retail space with high visibility and IH-35 frontage access.
      247 W Village Rd, Salado, TX
      View Details
    • Contact for pricing

      Commercial Building with Retail Space

      Commercial building featuring retail, showroom, and warehouse space for rent.
      677 N Stagecoach Rd, Salado, TX 76571
      View Details

    FAQs

    What type of property is this?
    Office units - Air-conditioned office suite featuring a loft and kitchenette.
    Where is this office units located?
    The property is located at 113 Salado Plaza Dr Salado, TX.
    What is the lease rate?
    The lease rate is $0.80 SF/Yr.
    What are key features of this property?
    This property features: Air conditioned suite for comfortable working conditions; Steel frame metal building, offering durability; Large open area, ideal for flexible workspace configurations
    (254) 541-2533 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bobby Spradley
    Bobby Spradley
    Real Estate License ID: 0464664
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    113 Salado Plaza Dr, Salado, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!