Warehouse with Loading
2719 East Elms Road, Killeen, TX 76542
For Sale
Contact for pricing
Loading docks equipped with automatic levelers support freight handling.
Property Size31,350 SF
Lot Size2.00 Acres
Price / SF$111.64
Days on Market34
Property Features for 2719 East Elms Road
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Warehouse Space
Property Use
Amenities
office space
private conference room
ADA-compliant restrooms
Building Details
Year Built
Building Size
Listing Agency:
Independence Commercial Real Estate, LLC
Listed By:
Erik Ray · License TX #575358
(254) 239-9299
Source:
Crexi
Added: Oct 9
Changed: Nov 9
Last Checked: Nov 10 at 7:34AM
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 Independence Commercial Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 31,350-square-foot warehouse occupies 2 acres and includes multiple overhead doors, loading docks with automatic levelers, office space, a private conference room and two ADA-compliant restrooms. The building was constructed in 2003 and expanded in 2020.
Located at 2719 East Elms Road in Killeen, Texas, the property also has on-site parking.
Located at 2719 East Elms Road in Killeen, Texas, the property also has on-site parking.
Key Highlights
- 31,350 SF warehouse on 2 acres
- Loading docks have automatic levelers
- Multiple 12' overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$225,438
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,508,760
$4.5M
Cap Rate 7%
$3,220,543
$3.2M
Cap Rate 9%
$2,504,867
$2.5M
Market Conditions
NOI Build-Up for 31,350 SF
Gross rent
$282.2K $9.00/SF
− Vacancy
−$16.9K −$0.54/SF
EGI
$265.2K $8.46/SF
− OpEx
−$39.8K −$1.27/SF
NOI
$225.4K $7.19/SF
Area
Killeen, TX
Vacancy
6.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,508,760
Cap Rate 7%
$3,220,543
Cap Rate 9%
$2,504,867
Alternative Uses
Best Use
Warehouse
$3.22M
$2.82M – $3.76M
NOI $225,438 @ 7.0% cap · market cap 6.44%
Second Best
Industrial
$2.83M
$2.48M – $3.30M
NOI $198,032 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$7.53M
$6.59M – $8.79M
NOI $527,101 @ 7.0% cap · market cap 15.06%
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
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 76542, TX
53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Killeen, TX
Properties on Market for Warehouses in Killeen
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- AAA All Stor — 1901 E Stan Schlueter Loop, Killeen, TX 76542
- AmeriStor Self Storage — 2010 E Elms Rd, Killeen, TX 76542
Frequently Asked Questions
What type of property is this?
Warehouse - Loading docks equipped with automatic levelers support freight handling.
Where is this warehouse located?
The property is located at 2719 East Elms Road Killeen, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 31,350 SF warehouse on 2 acres; Loading docks have automatic levelers; Multiple 12' overhead doors
