Industrial Property with Commercial
For Sale
$2,500,000
1256 County Road 401, Merkel, TX 79536
COMMERCIAL - Merkel, TX
Property Size13,200 SF
Lot Size53.51 Acres
Price / SF$189.39
Days on Market49
Property Features for 1256 County Road 401
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Carport, Covered, Garage, Open, Oversize, Driveway
Directions
I-20 to FM 126, go North to 14th St, Directly across from Tin Cup RV Park.
Standard status
Active
APN
974520
Size
13,200 SF
Lot size
53.51 Acres
Taxes and HOA fees
Tax Description
A0072 SUR 148 GRIMES COUNTY SCHOOL, TRACT W P
Tax Annual Amount
14419
Legal Description
A0072 SUR 148 GRIMES COUNTY SCHOOL, TRACT W P
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Electric, Multi Units
Water source
Well
Building Details
Year built
2020
Floors in Building
2
Number of units
1
Flooring type
Combination, Vinyl, Laminate, Concrete
Building materials
MetalSiding, Concrete, SteelSiding
Roof type
Metal
Listing Agency:
Tommy Simons (office)
(325) 721-8800
Listed By:
Tommy Simons · License #0583499
(325) 721-8800
Added: Jun 12
Changed: Jul 27
Last Checked: Jul 30 at 9:06PM
MLS# 21299444
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 property is positioned on 53 acres and includes nearly 13,000 square feet across two fully insulated buildings, along with multiple outbuildings. The larger building features expansive shop space with spray foam insulation throughout, a partial second floor, deluxe bathroom, and living quarters. It also contains a fully equipped commercial kitchen with a commercial stove, ovens, fridge vent, fryer, 3-bay sink, and ice maker. A heavy-duty electric elevator services the second floor, which is engineered to support substantial weight for storage or workspace.
The smaller building includes wash bays and several garage doors. Outside, there are multiple extra-tall carports capable of sheltering 20+ vehicles or RVs, plus a yard finished in asphalt millings for parking trucks and heavy equipment. The property also has 7 active water wells with pumps in place and 2 large maintained tanks.
Additional infrastructure includes 3-phase power that can be installed, and large high-voltage lines that cross the edge of the property. Buyer to verify all measurements.
The smaller building includes wash bays and several garage doors. Outside, there are multiple extra-tall carports capable of sheltering 20+ vehicles or RVs, plus a yard finished in asphalt millings for parking trucks and heavy equipment. The property also has 7 active water wells with pumps in place and 2 large maintained tanks.
Additional infrastructure includes 3-phase power that can be installed, and large high-voltage lines that cross the edge of the property. Buyer to verify all measurements.
Key Highlights
- 53‑acre property with nearly 13,000 SF across two fully insulated buildings plus multiple outbuildings
- 7 active water wells with pumps in place, plus 2 large maintained water tanks; some Brazos River Basin water rights may convey
- Main building includes expansive shop space, spray foam insulation, and a fully equipped commercial kitchen
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 | $289.9k | $21.96 |
| − Vacancy | −$17.4k | −$1.32 |
| EGI | $272.5k | $20.64 |
| − OpEx | −$81.7k | −$6.19 |
| NOI | $190.7k | $14.45 |
13,200 SF · lease $21.96/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$3.35M
$2.93M – $3.91M
NOI $234,749 @ 7.0% cap · market cap 9.39%
Second Best
Retail
$2.72M
$2.38M – $3.18M
NOI $190,736 @ 7.0% cap · market cap 7.63%
Theoretical Best
Multifamily LT 5
$129.12M
$112.98M – $150.63M
NOI $9,038,051 @ 7.0% cap · market cap 361.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Water rights
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 79536, TX
5,133
Population
2,313
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
93%
High-School Grad
295.9 sq mi
ZIP Area
17
Density / Sq Mi
$71,346
Median Household Income
$41,208
Median Earnings
$1,187
Median Rent
$133,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two fully insulated shop buildings with wash bays, multiple garage doors, and a fully equipped commercial kitchen.
Where is this manufacturing property located?
The property is located at 1256 County Road 401 Merkel, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 53‑acre property with nearly 13,000 SF across two fully insulated buildings plus multiple outbuildings; 7 active water wells with pumps in place, plus 2 large maintained water tanks; some Brazos River Basin water rights may convey; Main building includes expansive shop space, spray foam insulation, and a fully equipped commercial kitchen
