1505 E Veterans Memorial Blvd, Harker Heights, TX 76548
Versatile commercial property with redevelopment potential on a large lot.
- Added:
- Apr 24, 2026
- Days on Market:
- 49
- Last Refresh:
- Apr 24 at 5:49 pm
Property Features for 1505 E Veterans Memorial Blvd
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Lot size
- 2.64 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing agent John Reider License #0345039 (254) 289-2400
Listing office John Reider Properties, LC (254) 289-2400
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of John Reider Properties, LC
HighLights
- Prime commercial property with B‑5 zoning, offering diverse redevelopment or business expansion possibilities.
- Large 2.64‑acre lot allows for additional structures, ample parking, or future expansion.
- Excellent visibility on E. Veterans Memorial Blvd. ensures high traffic exposure.
- Located minutes from I‑14, providing exceptional accessibility.
- 3,400 sq. ft. building is suitable for a restaurant, retail center, or entertainment venue.
- Built in 1978, the existing structure offers a foundation for renovation or redevelopment.
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 | $84.9k | $24.96 |
| − Vacancy | −$4.7k | −$1.37 |
| EGI | $80.2k | $23.59 |
| − OpEx | −$20.0k | −$5.90 |
| NOI | $60.1k | $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
