Salon Building with Multiple
For Sale
$218,900
2008 W Avenue M, Temple, TX 76504
CommercialSale, Temple, TX
Property Size1,458 SF
Lot Size0.16 Acres
Price / SF$150.14
Days on Market735
Property Features for 2008 W Avenue M
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Temple Heights
Lot features
Less Than Quarter Acre
Directions
Head North on S 31st St. Turn Left on to Ave M from 31st. Property will be on the right hand side.
Standard status
Active
APN
2175
Size
1,458 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
TEMPLE HEIGHTS, BLOCK 024, LOT 0012
Tax Annual Amount
2272
Legal Description
TEMPLE HEIGHTS, BLOCK 024, LOT 0012
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1990
Floors in Building
1
Flooring type
Tile
Building materials
BattsInsulation, WoodSiding
Listing Agency:
Vista Real Estate Group-Compass RE Texas, LLC
(254) 231-0209
Listed By:
Bret Friemel · License #0608976
(254) 541-2410
Added: Oct 3, 2024
Changed: Oct 6
Last Checked: Oct 7 at 2:06PM
MLS# 558759
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.
The 1,458-square-foot building currently operates as a salon, with multiple interior rooms and tile flooring. Built in 1990, it sits on a 0.1607-acre parcel and has wood siding, electric heating, and central air conditioning. Public water and sewer serve the property, and parking is provided in a large lot with additional spaces near the building.
The property is on W Avenue M in South Temple, between I-35 and S 31st St. Baylor Scott & White Medical Center is down the street, with operating businesses, restaurants, and retail in the surrounding area.
The property is on W Avenue M in South Temple, between I-35 and S 31st St. Baylor Scott & White Medical Center is down the street, with operating businesses, restaurants, and retail in the surrounding area.
Key Highlights
- Operating salon in a 1,458‑square‑foot building
- Multiple interior rooms with tile flooring
- 0.1607‑acre parcel with a large parking lot and additional spaces near the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,749
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,980
$395.0K
Cap Rate 7%
$282,129
$282.1K
Cap Rate 9%
$219,433
$219.4K
Market Conditions
NOI Build-Up for 1,458 SF
Gross rent
$29.9K $20.52/SF
− Vacancy
−$1.7K −$1.17/SF
EGI
$28.2K $19.35/SF
− OpEx
−$8.5K −$5.81/SF
NOI
$19.7K $13.55/SF
Area
Bell County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,980
Cap Rate 7%
$282,129
Cap Rate 9%
$219,433
Alternative Uses
Best Use
Retail
$282.1K
$246.9K – $329.2K
NOI $19,749 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$16.28M
$14.24M – $18.99M
NOI $1,139,357 @ 7.0% cap · market cap 520.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Healthy Success — 3010 Scott Blvd # 104, Temple, TX 76504
Frequently Asked Questions
What type of property is this?
Spa & wellness property - An operating salon has a multiroom interior and on-site parking in South Temple.
Where is this spa & wellness property located?
The property is located at 2008 W Avenue M Temple, TX.
What is the asking price?
The asking price for this property is $218,900.
What are key features of this property?
This property features: Operating salon in a 1,458‑square‑foot building; Multiple interior rooms with tile flooring; 0.1607‑acre parcel with a large parking lot and additional spaces near the building
