Insulated Flex Space With Shop
For Sale
$1,900,000
1256 County Road 401 Merkel, Merkel, TX 79536
Versatile commercial property with insulated buildings, substantial water infrastructure, specialized shop improvements, and flexible operational space.
Property Size13,200 SF
Lot Size53.00 Acres
Price / SF$143.94
Days on Market107
Property Features for 1256 County Road 401 Merkel
General Information
Standard status
Active
Size
13,200 SF
Lot size
53.00 Acres
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$14,419
Building Details
Building Size
13,200 SF
Year Built
2020
Stories
2
Listed By:
Nara Marat
(800) 683-5651
Source:
Jparhouston
Added: Jul 8
Changed: Oct 7
Last Checked: Oct 7 at 9:27AM
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 Nara Marat
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 13,200-square-foot flex property includes two fully insulated buildings, multiple outbuildings, and improvements constructed in 2020. The larger building offers shop space, a commercial kitchen with cooking and refrigeration equipment, a partial second floor, elevator access, bathrooms, and living quarters. The second building includes wash bays and several garage doors. Both primary buildings have living quarters and bathrooms.
The property covers 53 acres at 1256 County Road 401 in Merkel, Texas. Seven active water wells, installed pumps, two maintained tanks, and abundant outdoor space support a range of commercial operations. Some Brazos River Basin water rights may convey. Multiple tall carports can accommodate 20+ vehicles or RVs, while the asphalt-millings yard provides additional parking and equipment storage. Large high-voltage lines run along the property edge, and 3-phase power can be installed.
The property covers 53 acres at 1256 County Road 401 in Merkel, Texas. Seven active water wells, installed pumps, two maintained tanks, and abundant outdoor space support a range of commercial operations. Some Brazos River Basin water rights may convey. Multiple tall carports can accommodate 20+ vehicles or RVs, while the asphalt-millings yard provides additional parking and equipment storage. Large high-voltage lines run along the property edge, and 3-phase power can be installed.
Key Highlights
- 13,200 square feet across two fully insulated buildings
- 53‑acre property at 1256 County Road 401, Merkel, TX 79536
- 7 active water wells with pumps and 2 maintained tanks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,687
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,053,740
$2.1M
Cap Rate 7%
$1,466,957
$1.5M
Cap Rate 9%
$1,140,967
$1.1M
Market Conditions
NOI Build-Up for 13,200 SF
Gross rent
$172.7K $13.08/SF
− Vacancy
−$14.7K −$1.11/SF
EGI
$158.0K $11.97/SF
− OpEx
−$55.3K −$4.19/SF
NOI
$102.7K $7.78/SF
Area
Taylor County, TX
Vacancy
8.50%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,053,740
Cap Rate 7%
$1,466,957
Cap Rate 9%
$1,140,967
Alternative Uses
Best Use
Flex RnD
$1.47M
$1.28M – $1.71M
NOI $102,687 @ 7.0% cap · market cap 5.40%
Second Best
Warehouse
$1.16M
$1.01M – $1.35M
NOI $81,008 @ 7.0% cap · market cap 4.26%
Theoretical Best
Multifamily LT 5
$129.12M
$112.98M – $150.63M
NOI $9,038,051 @ 7.0% cap · market cap 475.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-served
Demand for This Use
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
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property with insulated buildings, substantial water infrastructure, specialized shop improvements, and flexible operational space.
Where is this flex space located?
The property is located at 1256 County Road 401 Merkel Merkel, TX.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 13,200 square feet across two fully insulated buildings; 53‑acre property at 1256 County Road 401, Merkel, TX 79536; 7 active water wells with pumps and 2 maintained tanks
