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Flex Warehouse with Bay Door

1520 S Fort Hood Street Killeen, TX 76542

Claim this Listing
For Sale
$699,600

COMMERCIAL - Killeen, TX

Property size:
5,750 SF
Lot size:
0.37 Acres
Price / SF:
$121/SF
Added:
Oct 30, 2025
Days on Market:
254
Last Refresh:
Jul 10 at 9:06 pm

Property Features for 1520 S Fort Hood Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
B-5
Standard status
Active
APN
49412
Size
5,750 SF
Lot size
0.37 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
SOUTH GATE, BLOCK 010, LOT PT 13, (N 80' OF 13)
Tax Annual Amount
4176

Utilities

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

Building Details

Year built
1973
Floors in Building
1
Flooring type
Linoleum
Building materials
Masonry

Listing agent Jim Wright License #0181945

Listing office Jim Wright Company 3800 S W.S. Young Drive Suite 101, TX

Listing date Oct 30, 2025

MLS# 596083

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.


Investment Insights

Based on property information with market context.

This flex warehouse building offers a total of 5,750 square feet, with additional warehouse space located in the rear and a bay door serving that back area. The property includes paved parking and is designed for straightforward on-site operations with convenient loading access.

The property is well located with good access off Highway 195 and is near Fort Hood. Zoning is listed as B-5.

For sale and also available for lease, this offering suits tenants or buyers seeking a compact flex-style layout with functional warehouse space and bay-door capability.

Key Highlights

  • 5,750 SF building with some warehouse space in the back and a bay door
  • Good paved parking and good access off Highway 195
  • Near Fort Hood

Local Financial Insights For Warehouse

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 $51.8k $9.00
− Vacancy −$3.1k −$0.54
EGI $48.6k $8.46
− OpEx −$7.3k −$1.27
NOI $41.3k $7.19
5,750 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$590.7K
$516.9K – $689.1K (±1% cap)
NOI $41,348 @ 7.0% cap · market cap 5.91%
Second Best
Flex RnD
$539.2K
$471.8K – $629.0K (±1% cap)
NOI $37,741 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,677 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Accounting Firm Parking Lot & Garage Law Firm Catering Service Plumbing Service (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store Kitchen & Bath Showroom Nursing Home

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

FAQs

What type of property is this?
Flex space - 5,750 SF flex warehouse includes rear warehouse space with a bay door, paved parking, and highway access.
Where is this flex space located?
The property is located at 1520 S Fort Hood Street Killeen, TX.
What is the asking price?
The asking price for this property is $699,600.
What are key features of this property?
This property features: 5,750 SF building with some warehouse space in the back and a bay door; Good paved parking and good access off Highway 195; Near Fort Hood
Contact an agent
More about this property
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