Flex Warehouse with Bay
1520 S Fort Hood Street Killeen, TX 76542
1520 S Fort Hood Street, Killeen, TX, 76542
$699,600
For Sale
$699,600
COMMERCIAL - Killeen, TX
Property Size5,750 SF
Lot Size0.37 Acres
Price / SF$121.67
Days on Market262
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
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Flooring type
- Linoleum
- Building materials
- Masonry
Listing Agency
Jim Wright Company
(254) 526-5117
3800 S W.S. Young Drive Suite 101, TX
Listed by
Jim Wright · License #0181945
(254) 289-3145
Added: Oct 30, 2025 Checked: Jul 18 at 10:06 am
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.
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
NOI $41,348 @ 7.0% cap · market cap 5.91%
Second Best
Flex RnD
$539.2K
$471.8K – $629.0K
NOI $37,741 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
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
Similar For Sale Nearby
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
