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    Mixed-Use Commercial Space Available Title is generated by Realmo AI

    155 N 1st Street, Hewitt, TX 76643

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    Claim this Listing
    For Sale
    $375,000

    2400 SF commercial property featuring office and warehouse space.

    Type:Commercial
    Property size:
    2,400 SF
    Price / SF:
    $156/SF
    Added:
    Apr 22, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 5:14 pm

    Property Features for 155 N 1st Street

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1985

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    Listing Contact
    Kevin Collins

    Listing agent Kevin Collins

    Listing office Kelly, Realtors

    Listing date Apr 22, 2026

    Source Signaturere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kelly, Realtors

    HighLights

    • 2400 total square feet of property space.
    • Includes an 800 square foot warehouse offering flexible usage options.
    • 1600 square feet of controlled air space.
    • Additional enclosed controlled air space within the warehouse.
    • Built in 1985.
    • Warehouse space provides flexible usage options.

    Overview

    This commercial property offers a total of 2400 square feet, featuring a combination of office and warehouse space. The property includes 1600 square feet of climate-controlled office area, along with an 800-square-foot warehouse. The warehouse also contains an additional enclosed, climate-controlled space.

    Local Financial Insights For Office B

    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 $59.0k $24.60
    − Vacancy −$16.2k −$6.74
    EGI $42.9k $17.86
    − OpEx −$10.7k −$4.46
    NOI $32.1k $13.39
    2,400 SF · lease $24.60/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $459.2K
    $401.8K – $535.8K (±1% cap)
    NOI $32,147 @ 7.0% cap · market cap 8.57%
    Second Best
    Warehouse
    $211.9K
    $185.4K – $247.2K (±1% cap)
    NOI $14,833 @ 7.0% cap · market cap 3.96%
    Theoretical Best
    Multifamily LT 5
    $29.90M
    $26.16M – $34.88M (±1% cap)
    NOI $2,092,869 @ 7.0% cap · market cap 558.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    S&G APPLIANCES Home Appliance Store

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.19548
    Latitude
    31.46131

    FAQs

    What type of property is this?
    Warehouse - 2400 SF commercial property featuring office and warehouse space.
    Where is this warehouse located?
    The property is located at 155 N 1st Street Hewitt, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 2400 total square feet of property space.; Includes an 800 square foot warehouse offering flexible usage options.; 1600 square feet of controlled air space.
    More about this property
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