Single-Story Office
3019 Saulsbury Drive, Temple, TX 76504
For Sale
Contact for pricing
Built in 2014, this Class B property occupies two adjoining parcels and offers surface parking for employees and visitors.
Property Size9,159 SF
Lot Size1.26 Acres
Price / SF$221.09
Days on Market51
Property Features for 3019 Saulsbury Drive
General Information
Standard status
Size
Class
Lot size
Property subtype
Building Details
Year Built
Buildings
Stories
Listing Agency:
Transwestern San Antonio
Listed By:
Leah Gallagher · License TX #526657
(210) 253-2944
Source:
Crexi
Added: Sep 23
Changed: Oct 26
Last Checked: Nov 12 at 7:39AM
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 Transwestern San Antonio
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Investment Insights
Based on property information with market context.
Completed in 2014, this Class B office building provides 9,159 square feet on a single level. The property occupies approximately 1.26 acres divided between two adjoining parcels, with surface parking available for employees and visitors.
Key Highlights
- 9,159‑square‑foot office building
- Single‑story Class B construction
- Built in 2014
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,203
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,064,060
$3.1M
Cap Rate 7%
$2,188,614
$2.2M
Cap Rate 9%
$1,702,256
$1.7M
Market Conditions
NOI Build-Up for 9,159 SF
Gross rent
$281.4K $30.72/SF
− Vacancy
−$77.1K −$8.42/SF
EGI
$204.3K $22.30/SF
− OpEx
−$51.1K −$5.58/SF
NOI
$153.2K $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%
$3,064,060
Cap Rate 7%
$2,188,614
Cap Rate 9%
$1,702,256
Alternative Uses
Best Use
Office B
$2.19M
$1.92M – $2.55M
NOI $153,203 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.22M
$2.82M – $3.76M
NOI $225,531 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
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Business Placement
Demographics for 76504, TX
24,682
Population
11,068
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
801
Density / Sq Mi
$50,420
Median Household Income
$35,753
Median Earnings
$1,106
Median Rent
$162,600
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Temple, TX
Properties on Market for Office buildings in Temple
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Built in 2014, this Class B property occupies two adjoining parcels and offers surface parking for employees and visitors.
Where is this office building located?
The property is located at 3019 Saulsbury Drive Temple, TX.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: 9,159‑square‑foot office building; Single‑story Class B construction; Built in 2014
