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    B-5 Retail/Club Redevelopment Building Title is generated by Realmo AI

    1505 E Veterans Memorial Boulevard, Harker Heights, TX 76548

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    Claim this Listing
    For Sale
    $750,000

    COMMERCIAL - Harker Heights, TX

    Property size:
    3,390 SF
    Lot size:
    2.65 Acres
    Price / SF:
    $221/SF
    Added:
    Dec 3, 2025
    Days on Market:
    208
    Last Refresh:
    Jun 29 at 9:06 pm

    Property Features for 1505 E Veterans Memorial Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-5
    Parking features
    Special Needs
    Standard status
    Active
    APN
    131673
    Size
    3,390 SF
    Lot size
    2.65 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    COLLINS SUBDIVISION, BLOCK 002, LOT PT BLK, ACRES 2.647
    Tax Annual Amount
    10846

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    AluminumSiding, MetalFrame, MetalSiding
    Roof type
    Flat, Metal

    We can help!

    Contact an agent
    John Reider

    Listing agent John Reider License #0345039

    Listing office John Reider Properties II, Ltd 455 E Central TX Expwy Suite #101, TX

    Listing date Dec 3, 2025

    MLS# 599215

    Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • B‑5 zoned commercial property on E. Veterans Memorial Blvd, formerly operated as a club
    • 3,400 sq. ft. building on a 2.64‑acre lot with space for additional structures, parking, or future growth
    • Minutes from I‑14 with public water and public sewer services
    • Built in 1978 with concrete flooring, aluminum siding, metal frame, and metal siding
    • Roof features flat and metal construction
    • Central air cooling plus electric heating and electric (heating), with parking features for special needs

    Overview

    The property includes a 3,390-square-foot building that was formerly operated as a club, set on a 2.647-acre lot. The site offers space for redevelopment, additional structures, and parking, supported by a commercial-scale lot size intended for multiple configurations.

    Located at 1505 E Veterans Memorial Boulevard in Harker Heights, Texas, the property is positioned along E. Veterans Memorial Blvd. It is also described as having convenient access to I-14, supporting practical connectivity for customer and employee access.

    With B-5 zoning, this site can support a variety of commercial concepts consistent with a redevelopment or business expansion plan. The existing building footprint and the larger parcel size may appeal to tenants or buyers looking for flexibility in layout and site planning, including options that benefit from on-site parking and roadside visibility.

    Local Financial Insights For 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 $69.6k $20.52
    − Vacancy −$4.0k −$1.17
    EGI $65.6k $19.35
    − OpEx −$19.7k −$5.81
    NOI $45.9k $13.55
    3,390 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $656.0K
    $574.0K – $765.3K (±1% cap)
    NOI $45,918 @ 7.0% cap · market cap 6.12%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $37.84M
    $33.11M – $44.15M (±1% cap)
    NOI $2,649,122 @ 7.0% cap · market cap 353.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Harker Heights
    County
    Bell
    State
    Texas
    Longitude
    -97.645364
    Latitude
    31.085874

    FAQs

    What type of property is this?
    Retail property - B-5 zoned property with a former club building and sizable lot for redevelopment, expansion, and parking-oriented use.
    Where is this retail property located?
    The property is located at 1505 E Veterans Memorial Boulevard Harker Heights, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: B‑5 zoned commercial property on E. Veterans Memorial Blvd, formerly operated as a club; 3,400 sq. ft. building on a 2.64‑acre lot with space for additional structures, parking, or future growth; Minutes from I‑14 with public water and public sewer services
    More about this property
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