Industrial Yard with Shop and
11846 Prairie Hill Dr Hearne, TX 77859
11846 Prairie Hill Dr, Hearne, TX, 77859
$289,900
For Sale
$289,900
COMMERCIAL - Hearne, TX
Property Size1,878 SF
Lot Size1.95 Acres
Price / SF$154.37
Days on Market17
Property Features for 11846 Prairie Hill Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 9937
- Size
- 1,878 SF
- Lot size
- 1.95 Acres
Taxes and HOA fees
- Tax Description
- LOT 4,5,6 BLOCK 2 PRAIRIE HILL SUBD 1453/322 MOB
- Tax Annual Amount
- 440
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete
- Roof type
- Metal
Listing agency
Armstrong Properties
(979) 567-7653
Listed by
Jessica Armstrong
(979) 567-7653
Added: Jul 6 Checked: Jul 22 at 12:06AM
MLS# 21261030
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale industrial property sits on a 1.95-acre tract and is fully perimeter fenced for secure storage and vehicle access. Improvements include a 30x40 shop with electricity, providing enclosed workspace and storage capacity. An attached 1-bedroom, 1-bath apartment with a kitchen is also on site, offering an option for on-site living, employee housing, or additional rental use.
The property provides direct frontage on US-190 and Highway 6, with approximately 119.81 feet of frontage along a high-traffic corridor. The listing estimates 23,804 AADT, supporting strong visibility and exposure for a range of service, contractor, and logistics-oriented businesses. The offering is positioned within the Texas Triangle, with distances provided to Hearne, Bryan College Station, Temple, Waco, Austin, Houston, and the Dallas Fort Worth area.
On-site utilities and infrastructure include three separate septic systems, three electric meters (Navasota Valley Electric), and one water meter. This setup can support flexibility for multiple uses or business operations. With its fenced yard, shop, and attached living unit, the property may fit contractors, equipment storage users, trucking or logistics operations, and service-based businesses seeking an industrial configuration designed for day-to-day functionality.
The property provides direct frontage on US-190 and Highway 6, with approximately 119.81 feet of frontage along a high-traffic corridor. The listing estimates 23,804 AADT, supporting strong visibility and exposure for a range of service, contractor, and logistics-oriented businesses. The offering is positioned within the Texas Triangle, with distances provided to Hearne, Bryan College Station, Temple, Waco, Austin, Houston, and the Dallas Fort Worth area.
On-site utilities and infrastructure include three separate septic systems, three electric meters (Navasota Valley Electric), and one water meter. This setup can support flexibility for multiple uses or business operations. With its fenced yard, shop, and attached living unit, the property may fit contractors, equipment storage users, trucking or logistics operations, and service-based businesses seeking an industrial configuration designed for day-to-day functionality.
Key Highlights
- Approx. 1.95‑acre commercial industrial tract with direct frontage on US‑190 & Highway 6
- About 119.81 ft of frontage on a high‑traffic corridor estimated at 23,804 AADT
- 30x40 shop with electricity plus a 1 bedroom, 1 bath attached apartment with kitchen
Local Financial Insights For Apartment 5plus
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 | $34.5k | $18.36 |
| − Vacancy | −$1.7k | −$0.92 |
| EGI | $32.8k | $17.44 |
| − OpEx | −$14.7k | −$7.85 |
| NOI | $18.0k | $9.59 |
1,878 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$257.4K
$225.2K – $300.3K
NOI $18,016 @ 7.0% cap · market cap 6.21%
Second Best
Flex RnD
$243.3K
$212.9K – $283.8K
NOI $17,029 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,371 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fenced 1.95-acre industrial yard with a 30x40 shop with electricity and an attached 1-bedroom apartment for flexible operations.
Where is this flex space located?
The property is located at 11846 Prairie Hill Dr Hearne, TX.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Approx. 1.95‑acre commercial industrial tract with direct frontage on US‑190 & Highway 6; About 119.81 ft of frontage on a high‑traffic corridor estimated at 23,804 AADT; 30x40 shop with electricity plus a 1 bedroom, 1 bath attached apartment with kitchen
