248 Chitwood Road, Gatesville, TX 76528
Commercial and residential property with processing equipment in Gatesville, TX.
- Added:
- Apr 22, 2026
- Days on Market:
- 57
- Last Refresh:
- Apr 22 at 5:38 pm
Property Features for 248 Chitwood Road
General Information
- Standard status
- Active
- Size
- 1,020 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 2013
Listing agent Aaron Tucker
Listing office CENTURY 21 Judge Fite Company
Listing date Apr 22, 2026
Source Signaturere
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 CENTURY 21 Judge Fite Company
HighLights
- Ready‑to‑operate slaughterhouse/game processing facility with included butchering equipment.
- Live/work opportunity with residential quarters attached to the commercial space.
- Ample walk‑in coolers and freezer space.
- One fully fenced acre in Gatesville, TX.
- Convenient access, located just off FM 116.
- Built in 2013.
Overview
Local Financial Insights For Specialty Retail
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 | $20.8k | $20.40 |
| − Vacancy | −$1.0k | −$1.02 |
| EGI | $19.8k | $19.38 |
| − OpEx | −$4.9k | −$4.85 |
| NOI | $14.8k | $14.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gatesville
- County
- Coryell
- State
- Texas
- Longitude
- -97.7939493
- Latitude
- 31.4140164