Industrial Property with Highway
New
For Sale
$1,200,000
4231 Highway 67, Keene, TX 76031
Operational industrial site with yard capacity, an office, a residence, and truck-oriented highway entry.
Property Size2,400 SF
Lot Size1.71 Acres
Price / SF$500
Days on Market3
Property Features for 4231 Highway 67
General Information
Standard status
Active
Size
2,400 SF
Lot size
1.71 Acres
Property subtype
Commercial
Zoning
C-2
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Additional Details
Business Included
Yes
Office Build-Out
840 SF
Building Details
Building Size
2,400 SF
Year Built
1970
Stories
1
Units
2
Listing Agency:
Compass RE Texas , LLC
(817) 822-4567
Listed By:
Abraham Mercado · License #0726890
(817) 822-4567
Source:
Fullhouserealtytx
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 5:39AM
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 Compass RE Texas , LLC
Investment Insights
Based on property information with market context.
This industrial property spans 1.71 acres and includes an established gravel and materials operation, a residential home, and an approximately 840-square-foot office for administrative use. The site provides open yard area for material storage, equipment staging, and distribution activity, with infrastructure already supporting ongoing operations. Built in 1970, the property is zoned C-2.
Located at 4231 Highway 67 in Keene, the site has direct highway access, a broad approach, and a dedicated third lane designed to accommodate heavy trucks. The configuration supports contractor, builder, materials, and logistics operations requiring outdoor storage and efficient daily access.
Located at 4231 Highway 67 in Keene, the site has direct highway access, a broad approach, and a dedicated third lane designed to accommodate heavy trucks. The configuration supports contractor, builder, materials, and logistics operations requiring outdoor storage and efficient daily access.
Key Highlights
- 1.71‑acre industrial property at 4231 Highway 67, Keene, TX 76031
- Established gravel and materials business with infrastructure for continued operations
- Approximately 840 sq ft office plus a residential home on‑site
Financial Insights For Office B
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 | $73.7k | $30.72 |
| − Vacancy | −$20.2k | −$8.42 |
| EGI | $53.5k | $22.30 |
| − OpEx | −$13.4k | −$5.58 |
| NOI | $40.1k | $16.73 |
2,400 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$573.5K
$501.8K – $669.1K
NOI $40,145 @ 7.0% cap · market cap 3.35%
Second Best
Warehouse
$238.4K
$208.6K – $278.2K
NOI $16,689 @ 7.0% cap · market cap 1.39%
Theoretical Best
Multifamily LT 5
$28.77M
$25.17M – $33.56M
NOI $2,013,757 @ 7.0% cap · market cap 167.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
Demographics for 76031, TX
18,398
Population
6,596
Households
2.8
Avg Household Size
38
Median Age
15%
College-Educated
81%
High-School Grad
72.7 sq mi
ZIP Area
253
Density / Sq Mi
$70,672
Median Household Income
$39,335
Median Earnings
$1,274
Median Rent
$203,500
Median Home Value
Market
Properties on Market for Industrial properties in Keene
Vacancy Rate% for Office 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?
Industrial property - Operational industrial site with yard capacity, an office, a residence, and truck-oriented highway entry.
Where is this industrial property located?
The property is located at 4231 Highway 67 Keene, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.71‑acre industrial property at 4231 Highway 67, Keene, TX 76031; Established gravel and materials business with infrastructure for continued operations; Approximately 840 sq ft office plus a residential home on‑site
