1.5-Story Office
For Sale
$260,000
1400 Fm 609 Unit 1400, Flatonia, TX 78941
1.5-story office building with multiple work areas and two restrooms on a corner lot intersection.
Property Size1,400 SF
Lot Size0.63 Acres
Price / SF$185.71
Days on Market170
Property Features for 1400 Fm 609 Unit 1400
General Information
Standard status
Active
Size
1,400 SF
Lot size
0.63 Acres
Property subtype
Retail
Building Details
Year Built
1994
Stories
1
Listing Agency:
(979) 743-1737
Listed By:
South Central Real Estate
(979) 743-1737
Source:
Xome
Added: Feb 15
Changed: Jul 10
Last Checked: Jun 14 at 1:37AM
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 South Central Real Estate
Investment Insights
Based on property information with market context.
This 1.5-story commercial building is offered for sale as a versatile office property. The interior is laid out with multiple desk/work areas, along with a small kitchen space. There is one full bathroom and one half bath to support daily office use. Most recently, the building was used as a real estate sales office, giving it a functional configuration for customer-facing and administrative operations.
The property sits on a 0.63-acre corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia, Texas. The corner positioning provides direct frontage on the intersection, supporting easy access for visitors and clients.
For tenants, buyers, or operators seeking a small office building that can handle both workspaces and everyday amenities, the arrangement offers a practical starting point. Its combination of defined work areas, restroom capacity, and a kitchen area can support a range of business uses where an office setting is required. Note that the real estate business is not included in this sale.
The property sits on a 0.63-acre corner lot at the intersection of FM 609 and Slaughterhouse Road in Flatonia, Texas. The corner positioning provides direct frontage on the intersection, supporting easy access for visitors and clients.
For tenants, buyers, or operators seeking a small office building that can handle both workspaces and everyday amenities, the arrangement offers a practical starting point. Its combination of defined work areas, restroom capacity, and a kitchen area can support a range of business uses where an office setting is required. Note that the real estate business is not included in this sale.
Key Highlights
- 1,400 SF 1.5‑story commercial building on a 0.63‑acre corner lot at FM 609 and Slaughterhouse Road in Flatonia, TX
- Interior layout includes multiple desk/work areas plus a small kitchen space
- Has 1 full bathroom and a half bath
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 | $34.4k | $24.60 |
| − Vacancy | −$9.4k | −$6.74 |
| EGI | $25.0k | $17.86 |
| − OpEx | −$6.3k | −$4.46 |
| NOI | $18.8k | $13.39 |
1,400 SF · lease $24.60/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$267.9K
$234.4K – $312.6K
NOI $18,753 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$15.70M
$13.73M – $18.31M
NOI $1,098,725 @ 7.0% cap · market cap 422.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 78941, TX
3,006
Population
1,749
Households
1.7
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
161.8 sq mi
ZIP Area
19
Density / Sq Mi
$75,694
Median Household Income
$36,270
Median Earnings
$882
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 1.5-story office building with multiple work areas and two restrooms on a corner lot intersection.
Where is this office building located?
The property is located at 1400 Fm 609 Unit 1400 Flatonia, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,400 SF 1.5‑story commercial building on a 0.63‑acre corner lot at FM 609 and Slaughterhouse Road in Flatonia, TX; Interior layout includes multiple desk/work areas plus a small kitchen space; Has 1 full bathroom and a half bath
