Two-Story Office Building Available

990 Marlandwood Rd, Temple, TX

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For Sale

Contact for pricing

Two-story office building with ample parking and utilities.

Type:OFFICE

Property size:

3,236 SF

Lot size:

0.72 Acres

Price / SF:

$247/SF

HighLights

Convenient location with easy access to major corporations.
Close proximity to major retailers like Walmart, Sam's Club, Lowe's, and Academy Sports.
Numerous dining and entertainment options nearby.
Two‑story building suitable for a small business.
Ample parking available.
Water and utilities are already set up.

We can help!

Listing Contact

A. Lloyd Thomas

For Sale

Contact for pricing

Two-story office building with ample parking and utilities.

Type:OFFICE

Property size:

3,236 SF

Lot size:

0.72 Acres

Price / SF:

$247/SF

Added:: Jan 1, 2024
Days on Market:: 900
Last Refresh:: Apr 5 at 11:16 pm

Property Features for 990 Marlandwood Rd

General Information

Standard status: Active
Size: 3,236 SF
Lot size: 0.72 Acres
Property subtype: OFFICE

We can help!

Listing Contact

A. Lloyd Thomas

Listing agent A. Lloyd Thomas License #203913

Listing office NAI Excel Commercial Real Estate

Listing date Jan 1, 2024

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 NAI Excel Commercial Real Estate

HighLights

Convenient location with easy access to major corporations.
Close proximity to major retailers like Walmart, Sam's Club, Lowe's, and Academy Sports.
Numerous dining and entertainment options nearby.
Two‑story building suitable for a small business.
Ample parking available.
Water and utilities are already set up.

Overview

Located on Marlandwood Drive, this two-story office building is suitable for a small business. The location provides convenient access to major corporations and is situated between 31st and 5th Streets, offering easy access to retail establishments. Several large retailers, including Walmart, Sam’s Club, Lowe’s, and Academy Sports, are located within a short drive. The area also offers a variety of restaurants, from fast food to fine dining, and various entertainment options. The property includes ample parking, and water and utilities are set up. The building has a total size of 3236 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$99.4k	$30.72
− Vacancy	−$27.2k	−$8.42
EGI	$72.2k	$22.30
− OpEx	−$18.0k	−$5.58
NOI	$54.1k	$16.73

3,236 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

Alternative Uses

Best Use

Office B

$773.3K

$676.6K – $902.2K (±1% cap)

NOI $54,129 @ 7.0% cap · market cap 6.77%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$36.13M

$31.61M – $42.15M (±1% cap)

NOI $2,528,779 @ 7.0% cap · market cap 316.10%

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

Property Profile Location Intelligence

Current Use by Public Records

State Farm Insurance Insurance Agency Heart to Heart Hospice Nursing Home

Suggested Use

Location Insight

Map
Local Demand

City: Temple
County: Bell
State: Texas
Longitude: -97.3638
Latitude: 31.0626

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For sale
Office buildings
TX
Temple
990 Marlandwood Rd

What type of property is this?

Office building - Two-story office building with ample parking and utilities.

Where is this office building located?

The property is located at 990 Marlandwood Rd Temple, TX.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Convenient location with easy access to major corporations.; Close proximity to major retailers like Walmart, Sam's Club, Lowe's, and Academy Sports.; Numerous dining and entertainment options nearby.

990 Marlandwood Rd, Temple, TX

Two-story office building with ample parking and utilities.

Property Features for 990 Marlandwood Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two Metal Flex Buildings with Covered Patio

Restaurant and Showroom Investment Opportunity

Commercial Office Building with Signage

Corner Lot Professional Office Building

Warehouse and Office Flex Property

Adaptable Commercial Space in Temple

Temple Commercial Property For Sale

Duplex with Recent Exterior Updates

Spacious Duplex in Temple, TX

New Construction Duplex Residence

Brand-New Contemporary Duplex

Modern Duplex for Owner-Occupant

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