Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Former CVS on Highway 190 Title is generated by Realmo AI

    1407 E Hwy 190, Copperas Cove, TX 76522

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Former CVS ideal for retail or professional space.

    Type:Retail
    Property size:
    13,225 SF
    Added:
    May 26, 2026
    Days on Market:
    3
    Last Refresh:
    May 27 at 8:25 am

    Property Features for 1407 E Hwy 190

    General Information

    Standard status
    Active
    Size
    13,225 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2013

    We can help!

    Listing Contact
    Charlie Scott

    Listing agent Charlie Scott License #777339

    Listing date May 26, 2026

    Source Crexi

    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 Charlie Scott

    HighLights

    • Prime retail/professional space on Highway 190.
    • High visibility and direct access to a heavily trafficked route.
    • Ample on‑site parking.
    • Flexible reuse potential for various concepts.
    • Strong accessibility in a stable and expanding market.
    • Built in 2013.

    Overview

    This former CVS property is ideally located on the north side of Highway 190 in Copperas Cove. The site offers prime retail and professional space with significant frontage on a primary commercial corridor. Benefiting from high visibility and direct access, the property is situated on a heavily trafficked route connecting surrounding communities, including nearby Killeen. The 13,225 square foot building features an efficient layout and flexible reuse potential. With ample on-site parking, this location is suited for medical users, service-oriented retailers, or neighborhood-focused concepts. The property offers strong accessibility, visibility, and long-term growth potential within a stable and expanding Central Texas market.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Smoothie King — 2726 U.S. Hwy 190 Ste 140, Copperas Cove, TX 76522
    • COVID-19 Drive-Thru Testing at Walgreens — 527 U.S. Hwy 190, Copperas Cove, TX 76522
    • Medical Arts Pharmacy — 806 E Avenue D, Copperas Cove, TX 76522
    • Walmart Pharmacy — 2720 U.S. Hwy 190, Copperas Cove, TX 76522
    • 3rd Eye Elements

    Location Insight

    • Map
    • Local Demand
    City
    Copperas Cove
    County
    Coryell
    State
    Texas
    Longitude
    -97.9192058
    Latitude
    31.1188037

    Nearby Similar for Sale

    • $575,000
      6,540 SF

      Commercial Investment Property in Copperas Cove

      Partially rented commercial complex on the main thoroughfare.
      2210 E Business 190, Copperas Cove, TX 76522
      View Details
    • $148,900
      4,992 SF

      Historic Mixed-Use Building in Copperas Cove

      Two-story, 4,900+ sq ft building with adaptive-reuse potential.
      217 S Main Street, Copperas Cove, TX 76522
      View Details
    • $350,850
      3,580 SF

      Well-Maintained Fourplex on Corner Lot

      Fourplex with long-term tenant, functional layout, and outdoor space.
      301 W Avenue D, Copperas Cove, TX 76522
      View Details
    • $398,999
      2,584 SF

      Copperas Cove Duplex For Sale

      Built in 2022, duplex with modern finishes and garages.
      1016 Cline Drive, Copperas Cove, TX 76522
      View Details
    • $396,000
      4,042 SF

      Spacious Fourplex in Copperas Cove

      Fourplex with large units, laundry rooms, and private porches.
      105 W Truman Avenue, Copperas Cove, TX 76522
      View Details
    • $325,000
      2,526 SF

      Well-Maintained Duplex in Copperas Cove

      Duplex in Copperas Cove perfect for owner-occupant or multi-generational living.
      454 Summers, Copperas Cove, TX 76522
      View Details
    • $530,000
      4,032 SF

      Copperas Cove Multifamily Investment Opportunity

      Well-maintained 6-plex with updated flooring and covered parking.
      905 N Main Street, Copperas Cove, TX 76522
      View Details
    • $215,000
      1,630 SF

      Copperas Cove Duplex Investment Opportunity

      Updated duplex with income potential and large fenced backyard.
      203 Sorrell Drive, Copperas Cove, TX 76522
      View Details
    • $396,000
      4,042 SF

      Spacious Fourplex in Copperas Cove

      Fourplex with functional floor plans and private outdoor spaces.
      202 W Truman Avenue, Copperas Cove, TX 76522
      View Details
    • $299,000
      3,136 SF

      Copperas Cove Multifamily Investment Property

      Six-unit multifamily property with immediate revenue in Copperas Cove, TX.
      603 Sunset Lane, Copperas Cove, TX 76522
      View Details
    • $227,000
      1,838 SF

      Well-Maintained Duplex in Copperas Cove

      Duplex with recent updates, offering immediate income and flexibility.
      1226 Walt Morgan Circle, Copperas Cove, TX 76522
      View Details
    • $364,900
      2,220 SF

      Well-Maintained Duplex in Copperas Cove

      Income-producing duplex with 6 bedrooms, near shopping and dining.
      1328 Liberation Lane, Copperas Cove, TX 76522
      View Details

    FAQs

    What type of property is this?
    Drug store - Former CVS ideal for retail or professional space.
    Where is this drug store located?
    The property is located at 1407 E Hwy 190 Copperas Cove, TX.
    What are key features of this property?
    This property features: Prime retail/professional space on Highway 190.; High visibility and direct access to a heavily trafficked route.; Ample on‑site parking.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Charlie Scott
    Real Estate License ID: 777339
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1407 E Hwy 190, Copperas Cove, TX 76522
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!