Two-Story Office
For Sale
Contact for pricing
2526 Blue Meadow Drive, Temple, TX 76502
Vacant professional office property with upgraded finishes, signage opportunities, and a practical multi-office layout.
Property Size4,200 SF
Lot Size0.37 Acres
Price / SF$198.81
Days on Market72
Property Features for 2526 Blue Meadow Drive
General Information
Standard status
Active
Size
4,200 SF
Class
B
Lot size
0.37 Acres
Property subtype
Office
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Office Units
11
Amenities
Lobby
Reception
Break Room
Large Storage Areas
Monument Signage
Building Signage
Building Details
Year Built
2003
Buildings
1
Stories
1
Units
1
Building Size
4,200 SF
Listing Agency:
Wedgewood Properties
Listed By:
Parker Helmig · License #705386
(254) 778-0085
Source:
Crexi
Added: Aug 6
Changed: Oct 3
Last Checked: Oct 16 at 7:44AM
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 Wedgewood Properties
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Investment Insights
Based on property information with market context.
This vacant office property contains 4,200 SF across two levels, with 3,400 SF on the first floor and 800 SF upstairs. The interior includes 11 offices, large storage areas, two restrooms, a lobby, reception area, break room, and an executive office with built-in cabinets. The building is described as move-in ready and in great condition, with high-end finishes. The roof and 3 out of 4 HVAC units have been recently replaced.
The property sits on 0.37 acres within Bentwood Professional Park at 2526 Blue Meadow Drive in Temple. It is positioned near the S 31st Street corridor, with access to Loop 363 and I-35. Surrounding context includes medical facilities, residential neighborhoods, restaurants, retail, and professional services. Monument signage is available on S 31st Street, along with building signage facing the corridor.
The property sits on 0.37 acres within Bentwood Professional Park at 2526 Blue Meadow Drive in Temple. It is positioned near the S 31st Street corridor, with access to Loop 363 and I-35. Surrounding context includes medical facilities, residential neighborhoods, restaurants, retail, and professional services. Monument signage is available on S 31st Street, along with building signage facing the corridor.
Key Highlights
- 4,200 SF office building on 0.37 acres
- 3,400 SF first floor and 800 SF second floor
- 11 offices with large storage areas, lobby, reception, break room, and 2 restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,254
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,080
$1.4M
Cap Rate 7%
$1,003,629
$1.0M
Cap Rate 9%
$780,600
$780.6K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$129.0K $30.72/SF
− Vacancy
−$35.4K −$8.42/SF
EGI
$93.7K $22.30/SF
− OpEx
−$23.4K −$5.58/SF
NOI
$70.3K $16.73/SF
Area
Bell County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,405,080
Cap Rate 7%
$1,003,629
Cap Rate 9%
$780,600
Alternative Uses
Best Use
Office B
$1.00M
$878.2K – $1.17M
NOI $70,254 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$46.89M
$41.03M – $54.70M
NOI $3,282,098 @ 7.0% cap · market cap 393.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
11
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Explore this area
Business Placement
Demographics for 76502, TX
47,297
Population
19,497
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
91%
High-School Grad
58.3 sq mi
ZIP Area
811
Density / Sq Mi
$80,504
Median Household Income
$45,332
Median Earnings
$1,411
Median Rent
$252,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Vacant professional office property with upgraded finishes, signage opportunities, and a practical multi-office layout.
Where is this office building located?
The property is located at 2526 Blue Meadow Drive Temple, TX.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 4,200 SF office building on 0.37 acres; 3,400 SF first floor and 800 SF second floor; 11 offices with large storage areas, lobby, reception, break room, and 2 restrooms
