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Prime Harker Heights Investment Opportunity

302 W Veterans Memorial Blvd Harker Heights, TX 76548

Claim this Listing
For Sale
$700,000

High-traffic commercial building leased to sports bar for sale.

Type:Commercial
Property size:
4,200 SF
Lot size:
1.18 Acres
Price / SF:
$166.67/SF
Added:
Mar 11, 2026
Days on Market:
126
Last Refresh:
Jul 2 at 5:50 am

Property Features for 302 W Veterans Memorial Blvd

General Information

Standard status
Active
Size
4,200 SF
Lot size
1.18 Acres
Property subtype
Commercial

Building Details

Year Built
1972

Listing office John Reider Properties, LC

Listing date Mar 11, 2026

Source Elliman

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 John Reider Properties, LC


Investment Insights

Based on property information with market context.

This 4,200 sq. ft. commercial building is positioned on Veterans Memorial Blvd in Harker Heights. The property is currently leased to a local sports bar, providing income for investors. The building sits on a 1.176-acre tract and features paved parking. This property is located in a high-traffic location.

Key Highlights

  • Prime location on Veterans Memorial Blvd. in Harker Heights with high traffic and visibility.
  • Currently leased to a thriving sports bar, providing immediate and steady income.
  • Large 1.176‑acre tract offering ample paved parking.

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 $86.2k $20.52
− Vacancy −$4.9k −$1.17
EGI $81.3k $19.35
− OpEx −$24.4k −$5.81
NOI $56.9k $13.55
4,200 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.06M
$928.8K – $1.24M (±1% cap)
NOI $74,300 @ 7.0% cap · market cap 10.61%
Second Best
Retail
$812.7K
$711.1K – $948.2K (±1% cap)
NOI $56,890 @ 7.0% cap · market cap 8.13%
Theoretical Best
Multifamily LT 5
$46.89M
$41.03M – $54.70M (±1% cap)
NOI $3,282,098 @ 7.0% cap · market cap 468.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Dental Office Real Estate Agency Electrical Service Building Supply (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Tanning Salon Catering Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Storefront property - High-traffic commercial building leased to sports bar for sale.
Where is this storefront property located?
The property is located at 302 W Veterans Memorial Blvd Harker Heights, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime location on Veterans Memorial Blvd. in Harker Heights with high traffic and visibility.; Currently leased to a thriving sports bar, providing immediate and steady income.; Large 1.176‑acre tract offering ample paved parking.
Contact an agent
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