Flexible Office Building with
For Sale
Contact for pricing
1821 Everton Dr, Temple, TX 76504
Office building offering a flexible layout, ample parking, and strong visibility in a high-traffic central Temple area.
Property Size2,480 SF
Price / SF$200.81
Days on Market88
Property Features for 1821 Everton Dr
General Information
Standard status
Active
Size
2,480 SF
Property subtype
OFFICE
Building Details
Year Built
1978
Listing Agency:
Independence Commercial Real Estate, LLC
(972) 989-7714
Listed By:
Erik W Ray · License #668998
(254) 239-9299
Source:
Moodyscre
Added: May 4
Changed: Jul 28
Last Checked: Jul 29 at 4:06PM
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 Independence Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This office building was built in 1978 and is offered for sale. The property features a flexible layout designed to support professional or service-oriented use, along with ample parking for tenants and visitors.
The building is located in a high-traffic, centrally located area of Temple, with strong visibility to passing traffic.
At approximately 2,480 square feet, the space is positioned for users seeking adaptable office accommodations in a convenient, well-accessed setting.
The building is located in a high-traffic, centrally located area of Temple, with strong visibility to passing traffic.
At approximately 2,480 square feet, the space is positioned for users seeking adaptable office accommodations in a convenient, well-accessed setting.
Key Highlights
- Office building in a high‑traffic, centrally located area of Temple
- Flexible layout designed for professional or service use
- Ample parking
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 | $76.2k | $30.72 |
| − Vacancy | −$20.9k | −$8.42 |
| EGI | $55.3k | $22.30 |
| − OpEx | −$13.8k | −$5.58 |
| NOI | $41.5k | $16.73 |
2,480 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$592.6K
$518.5K – $691.4K
NOI $41,483 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$27.69M
$24.23M – $32.30M
NOI $1,938,001 @ 7.0% cap · market cap 389.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,796
Businesses Nearby
Explore this area
Business Placement
Demographics for 76504, TX
24,682
Population
11,068
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
801
Density / Sq Mi
$50,420
Median Household Income
$35,753
Median Earnings
$1,106
Median Rent
$162,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building offering a flexible layout, ample parking, and strong visibility in a high-traffic central Temple area.
Where is this office building located?
The property is located at 1821 Everton Dr Temple, TX.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Office building in a high‑traffic, centrally located area of Temple; Flexible layout designed for professional or service use; Ample parking
