Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    102 Sunset Blvd Hewitt, TX 76643

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,000,000

    Showroom/warehouse with high visibility, convenient access to major highways.

    Type:Office Showroom Warehouse
    Property size:
    12,080 SF
    Price / SF:
    $82/SF
    Added:
    Jan 27, 2026
    Days on Market:
    99
    Last Refresh:
    Apr 5 at 11:48 pm

    Property Features for 102 Sunset Blvd

    General Information

    Standard status
    Active
    Size
    12,080 SF
    Property subtype
    Office Showroom Warehouse

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Jim Peevey SIOR, CCIM

    Listing agent Jim Peevey SIOR, CCIM License #TX #0419000

    Listing office

    Listing date Jan 27, 2026

    Source Reidpeevey

    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 Jim Peevey SIOR, CCIM

    Overview

    Hewitt Drive Showroom/Warehouse Opportunity

    Located on Hewitt Drive, this showroom/warehouse property offers convenient access to Interstate 35 and Highway 84. The property benefits from high visibility on the well-traveled Hewitt Drive, making it suitable for various business needs. The property size is 12080 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gibson's Interiors General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.1966
    Latitude
    31.4644

    Nearby Similar for Sale

    • $375,000

      Commercial Space in Hewitt, TX

      2400 SF commercial space with warehouse and controlled air.
      155 N 1st Street, Hewitt, TX 76643
      View Details
    • $415,000

      Prime Retail Opportunity Near IH-35

      Versatile commercial property near IH-35 with no zoning restrictions.
      6398 S IH 35, Hewitt, TX 76643
      View Details
    • $725,000
      1,900 SF

      Turn-Key Commercial Property in Hewitt

      Versatile commercial property with high-traffic location and expansion potential.
      607 N Old Temple Road, Hewitt, TX 76643
      View Details
    • $489,000
      6,504 SF

      Versatile Commercial Building in Hewitt

      Two-story, 6,504 SF commercial building on 0.579 acres.
      611 W Spring Valley Road, Hewitt, TX 76643
      View Details
    • $689,000
      1,900 SF

      Turn-Key Commercial Property Near I-35

      High-visibility commercial property with flexible zoning and room to grow.
      607 N Old Temple Road, Hewitt, TX 76643
      View Details
    • Contact for pricing
      2,672 SF

      Former Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru near Walmart in Hewitt, TX.
      200 Legacy, Hewitt, TX
      View Details
    • $375,000
      2,400 SF

      Mixed-Use Commercial Space Available

      2400 SF commercial property featuring office and warehouse space.
      155 N 1st Street, Hewitt, TX 76643
      View Details
    • Contact for pricing
      51,306 SF

      52-Unit Multifamily Portfolio in Waco

      Diversified multifamily investment opportunity across three residential portfolios in Waco.
      100-219 W Gruver Cir, Hewitt, TX 76643
      View Details
    • Contact for pricing
      9,200 SF

      Retail Pad Opportunities in Hewitt

      Retail spaces available in a growing residential area of Hewitt.
      1500 Round Table Rd, Hewitt, TX
      View Details
    • Contact for pricing
      4,050 SF

      Freestanding Retail Building in Hewitt

      Second-generation retail building suitable for medical, service, or restaurant use.
      704 N Hewitt Dr, Hewitt, TX
      View Details
    • Contact for pricing
      19,930 SF

      Hewitt Texas Duplex Portfolio

      18-unit duplex portfolio in Hewitt, Texas, Waco MSA.
      100-102 E Gruver Cir, Hewitt, TX 76643
      View Details
    • Contact for pricing
      5,000 SF

      Office Warehouse with Fenced Yard

      5,000 SF office warehouse with C-2 zoning.
      110 Post Office Dr, Suite A-B, Hewitt, TX 76643
      View Details

    FAQs

    What type of property is this?
    Flex space - Showroom/warehouse with high visibility, convenient access to major highways.
    Where is this flex space located?
    The property is located at 102 Sunset Blvd Hewitt, TX.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Prime location on Hewitt Drive offering great visibility.; Seamless access to Interstate 35 and Highway 84.; Showroom/Warehouse property type.
    (254) 752-9500
    We can help!
    Listing Contact
    Jim Peevey SIOR, CCIM
    Real Estate License ID: TX #0419000
    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
    102 Sunset Blvd, Hewitt, TX 76643
    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!