Controlled-Air Warehouse
155 N 1st Street Hewitt, TX 76643
155 N 1st Street, Hewitt, TX, 76643
$375,000
For Sale
$375,000
COMMERCIAL - Hewitt, TX
Property Size2,400 SF
Lot Size0.38 Acres
Price / SF$156.25
Days on Market88
Property Features for 155 N 1st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 363015000004004
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Description
- ARNOLD-ALLEN ADD LOT 4 BLOCK 1 ACRES .3806
- Tax Annual Amount
- 6334
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Concrete, Tile
- Building materials
- SteelSiding
- Roof type
- Metal
Listing Agency
Kelly, Realtors
(254) 741-1500
Waco, TX
Listed by
Kevin Collins · License #0483618
(254) 741-1500
Added: Apr 22 Checked: Jul 18 at 5:06 am
MLS# 21240252
Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 controlled-air warehouse facility totals 2,400 square feet, with 1,600 square feet designated as controlled air. An additional 800 square feet includes enclosed controlled-air space, creating a configuration that supports temperature-controlled storage within the warehouse footprint.
The property is located at 155 N 1st Street in Hewitt, Texas (76643) on a 0.381-acre lot.
For sale, the offering is centered on the combination of warehouse area and enclosed controlled-air space, providing a straightforward layout for storage needs that require temperature control.
The property is located at 155 N 1st Street in Hewitt, Texas (76643) on a 0.381-acre lot.
For sale, the offering is centered on the combination of warehouse area and enclosed controlled-air space, providing a straightforward layout for storage needs that require temperature control.
Key Highlights
- Metal roof
- Total 2,400 SF with 1,600 SF controlled air and 800 SF warehouse plus additional enclosed controlled air space
- Public water and public sewer
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 | $18.6k | $7.76 |
| − Vacancy | −$1.2k | −$0.49 |
| EGI | $17.5k | $7.27 |
| − OpEx | −$2.6k | −$1.09 |
| NOI | $14.8k | $6.18 |
2,400 SF · lease $7.76/SF/yr · vacancy 6.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$211.9K
$185.4K – $247.2K
NOI $14,833 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$29.90M
$26.16M – $34.88M
NOI $2,092,869 @ 7.0% cap · market cap 558.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
S&G APPLIANCES
Home Appliance Store
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - 2400 total square feet with 1600 square feet of controlled air and an additional enclosed controlled-air 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: Metal roof; Total 2,400 SF with 1,600 SF controlled air and 800 SF warehouse plus additional enclosed controlled air space; Public water and public sewer
