Flex Space with Ground-Level
2020 S Interstate 35 Road, Belton, TX 76513
For Sale
$1,750,000
CommercialSale, Belton, TX
Property Size12,900 SF
Lot Size1.04 Acres
Price / SF$134.72
Days on Market1149
Property Features for 2020 S Interstate 35 Road
General Information
Property type
Property subtype
Zoning
Parking features
Subdivision
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Pete & Larry
(254) 721-4872
Listed By:
Rose Durham · License TX #0679442
(254) 718-8604
Added: Sep 22, 2023
Changed: Nov 10
Last Checked: Nov 13 at 7:06PM
MLS# 521981
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.
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Investment Insights
Based on property information with market context.
This flex property at 2020 S Interstate 35 Road includes 8 ground-level bays along with warehouse and office areas. The metal-frame building was constructed in 1949 and features a metal roof, concrete and carpet flooring, electric heat, and a combination of public water, public sewer, and septic service. The 1.042-acre site also provides RV, oversized, and carport parking options.
Access is supported by two curb cuts, allowing movement from the west side of I-35 through the property toward Peneople St. The location is positioned at the I-35 and I-14 interchange, with reported traffic of 165,319 vehicles per day in 2022. C zoning is also in place.
Access is supported by two curb cuts, allowing movement from the west side of I-35 through the property toward Peneople St. The location is positioned at the I-35 and I-14 interchange, with reported traffic of 165,319 vehicles per day in 2022. C zoning is also in place.
Key Highlights
- 8 ground‑level bays serving the warehouse and office configuration
- 1.042‑acre site at the I‑35 and I‑14 interchange
- Reported traffic count of 165,319 vehicles per day in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,055
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,181,100
$3.2M
Cap Rate 7%
$2,272,214
$2.3M
Cap Rate 9%
$1,767,278
$1.8M
Market Conditions
NOI Build-Up for 12,990 SF
Gross rent
$260.3K $20.04/SF
− Vacancy
−$15.6K −$1.20/SF
EGI
$244.7K $18.84/SF
− OpEx
−$85.6K −$6.59/SF
NOI
$159.1K $12.24/SF
Area
Bell County, TX
Vacancy
6.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,181,100
Cap Rate 7%
$2,272,214
Cap Rate 9%
$1,767,278
Alternative Uses
Best Use
Flex RnD
$2.27M
$1.99M – $2.65M
NOI $159,055 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $319,866 @ 7.0% cap · market cap 18.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
8
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76513, TX
43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Bell County, TX
Properties on Market for Flex space in Bell County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal-frame commercial property with warehouse, office areas, multiple curb cuts, and direct access between Interstate 35 and Peneople St.
Where is this flex space located?
The property is located at 2020 S Interstate 35 Road Belton, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8 ground‑level bays serving the warehouse and office configuration; 1.042‑acre site at the I‑35 and I‑14 interchange; Reported traffic count of 165,319 vehicles per day in 2022
