Flex Space with Private
For Sale
Contact for pricing
216 S Main Street 112, Copperas Cove, TX 76522
Open commercial unit with two access doors, a restroom, and washer-dryer hookups.
Property Size1,815 SF
Price / SF$0.55
Days on Market88
Property Features for 216 S Main Street 112
General Information
Standard status
Active
Size
1,815 SF
Listing Agency:
Armadillo Properties
(254) 547-0505
Listed By:
Denise Zehr · License #0417966
(254) 681-0282
Source:
Cornerstone-properties
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 14 at 10:22PM
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 Armadillo Properties
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Investment Insights
Based on property information with market context.
This flex space provides an open interior layout with two entry and exit doors, a restroom, and existing plumbing connected to washer and dryer hookups. A private backyard and patio area extends the usable property footprint for outdoor activity or additional workspace.
The property is positioned in downtown Copperas Cove, with shops nearby and a food truck park directly across the street. Highway 190 is only minutes away, providing convenient access to the broader area.
The property is positioned in downtown Copperas Cove, with shops nearby and a food truck park directly across the street. Highway 190 is only minutes away, providing convenient access to the broader area.
Key Highlights
- Open flex space with two entry and exit doors
- Restroom and existing plumbing in place
- Washer and dryer hookups included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,465
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,300
$229.3K
Cap Rate 7%
$163,786
$163.8K
Cap Rate 9%
$127,389
$127.4K
Market Conditions
NOI Build-Up for 1,815 SF
Gross rent
$17.4K $9.60/SF
− Vacancy
−$1.0K −$0.58/SF
EGI
$16.4K $9.02/SF
− OpEx
−$4.9K −$2.71/SF
NOI
$11.5K $6.32/SF
Area
Coryell County, TX
Vacancy
6.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,300
Cap Rate 7%
$163,786
Cap Rate 9%
$127,389
Alternative Uses
Best Use
Flex RnD
$170.2K
$148.9K – $198.6K
NOI $11,913 @ 7.0% cap · market cap 1,197.29%
Second Best
Industrial
$163.8K
$143.3K – $191.1K
NOI $11,465 @ 7.0% cap · market cap 1,152.26%
Theoretical Best
Office A
$435.9K
$381.5K – $508.6K
NOI $30,516 @ 7.0% cap · market cap 3,066.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 76522, TX
41,123
Population
17,370
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
94%
High-School Grad
115.0 sq mi
ZIP Area
358
Density / Sq Mi
$70,629
Median Household Income
$39,126
Median Earnings
$1,029
Median Rent
$174,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Dee-Jay's Smokehouse — 105 W Ave E, Copperas Cove, TX 76522
Frequently Asked Questions
What type of property is this?
Flex space - Open commercial unit with two access doors, a restroom, and washer-dryer hookups.
Where is this flex space located?
The property is located at 216 S Main Street 112 Copperas Cove, TX.
What are key features of this property?
This property features: Open flex space with two entry and exit doors; Restroom and existing plumbing in place; Washer and dryer hookups included
