1505 E Veterans Memorial Blvd, Harker Heights, TX 76548
B-5 zoned commercial property with redevelopment potential on 2.64 acres.
- Added:
- Feb 20, 2026
- Days on Market:
- 134
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1505 E Veterans Memorial Blvd
General Information
- Standard status
- Active
- Size
- 3,390 SF
- Lot size
- 2.64 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1978
Listing office John Reider Properties II, Ltd
Listing date Feb 20, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of John Reider Properties II, Ltd
HighLights
- Prime commercial property with B‑5 zoning, offering redevelopment or business expansion opportunities.
- Large 2.64‑acre lot allows for additional structures, generous parking, or future growth.
- Excellent visibility on E. Veterans Memorial Blvd. with strong daily traffic.
- Minutes from I‑14, providing exceptional accessibility.
- Versatile location suitable for restaurant, retail, entertainment, or multi‑use development.
- 3,400 sq. ft. building formerly operated as a club.
Overview
Local Financial Insights For Specialty Retail
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 | $84.6k | $24.96 |
| − Vacancy | −$4.7k | −$1.37 |
| EGI | $80.0k | $23.59 |
| − OpEx | −$20.0k | −$5.90 |
| NOI | $60.0k | $17.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Harker Heights
- County
- Bell
- State
- Texas
- Longitude
- -97.645364
- Latitude
- 31.085874
