250 W US Hwy 290, Elgin, TX
Retail space available for sale in Elgin, Texas.
- Added:
- Nov 10, 2023
- Days on Market:
- 942
- Last Refresh:
- May 20 at 9:58 pm
Property Features for 250 W US Hwy 290
General Information
- Standard status
- Active
- Size
- 4,204 SF
- Lot size
- 0.40 Acres
- Property subtype
- RETAIL
Listing agent Barret Espe License #638497 (512) 757-6349
Listing office Haystack Real Estate Partners (512) 757-6349
Listing date Nov 10, 2023
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 Haystack Real Estate Partners
HighLights
- Please contact broker for rates and more information.
Overview
Local Financial Insights For Retail
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 | $109.5k | $26.04 |
| − Vacancy | −$3.7k | −$0.89 |
| EGI | $105.8k | $25.15 |
| − OpEx | −$31.7k | −$7.55 |
| NOI | $74.0k | $17.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Bastrop
- State
- Texas
- Longitude
- -97.3703
- Latitude
- 30.3497
