Back to Search
Improved Acreage with Multiple Buildings

14138 Highway 195 Killeen, TX 76542

Claim this Listing
For Sale
$1,200,000

9.28 acre property with multiple buildings and improvements.

Type:Commercial
Property size:
5,000 SF
Lot size:
9.28 Acres
Price / SF:
$240/SF
Added:
Mar 10, 2026
Days on Market:
127
Last Refresh:
Jul 2 at 8:36 pm

Property Features for 14138 Highway 195

General Information

Standard status
Active
Size
5,000 SF
Lot size
9.28 Acres
Property subtype
Commercial

Building Details

Year Built
2012

Listing office ERA Colonial Real Estate

Listing date Mar 10, 2026

Source Elliman

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 ERA Colonial Real Estate


Investment Insights

Based on property information with market context.

This 9.278 acre property features multiple improvements, including a 5,000 square foot building at the front with 16 offices, a break room, a conference room, a waiting area, a receptionist/accounting office, and two bathrooms. The front building also has 22 paved parking spaces. Further back on the property is a training building exceeding 4,000 square feet, which includes a breakroom/kitchen, 13 offices, a computer lab, two bathrooms, and a large room. Additionally, there is a 2,235 square foot house converted to accommodate 5 offices, meeting areas, and two bathrooms. A 1,400 square foot barn is also located on the property and has a power meter base for electricity.

Key Highlights

  • 9.278 acre property with multiple buildings
  • 5,000 sq ft building featuring 16 offices, conference room, break room, waiting area, receptionist area, and 2 bathrooms
  • 4,000+ sq ft training building with 13 offices, computer lab, breakroom/kitchen, and 2 bathrooms

Local 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 $108.0k $21.60
− Vacancy −$19.9k −$3.97
EGI $88.1k $17.63
− OpEx −$22.0k −$4.41
NOI $66.1k $13.22
5,000 SF · lease $21.60/SF/yr · vacancy 18.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$944.2K
$826.2K – $1.10M (±1% cap)
NOI $66,096 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,067 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Auto Repair Shop Storage Facility Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Restaurant

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

FAQs

What type of property is this?
Office building - 9.28 acre property with multiple buildings and improvements.
Where is this office building located?
The property is located at 14138 Highway 195 Killeen, 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: 9.278 acre property with multiple buildings; **5,000 sq ft building featuring 16 offices, conference room, break room, waiting area, receptionist area, and 2 bathrooms**; 4,000+ sq ft training building with 13 offices, computer lab, breakroom/kitchen, and 2 bathrooms
Contact an agent
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