Flex Building with Roll-Up
For Sale
$515,900
365 Val Verde Rd, McGregor, TX 76657
Climate-controlled storage and office areas support varied commercial use.
Property Size3,876 SF
Price / SF$133.10
Days on Market88
Property Features for 365 Val Verde Rd
General Information
Standard status
Active
Size
3,876 SF
Building Details
Year Built
2004
Listing Agency:
Kelly, Realtors
Listed By:
Nathan Embry · License #668380
(254) 741-1500
Source:
Yourdavisteam
Added: Jul 21
Changed: Oct 9
Last Checked: Oct 7 at 2:03PM
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 Kelly, Realtors
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Investment Insights
Based on property information with market context.
This flex property combines office space with climate-controlled storage, providing a practical mix of work and storage areas within one commercial building. A mezzanine is positioned above the office area, adding functional elevated space without changing the primary layout. The building also includes two 12-foot roll-up doors for loading and access, along with a 100 SF covered awning.
Constructed in 2004, the property is located at 365 Val Verde Rd in McGregor, Texas. Its configuration is suited to commercial operations requiring office space, controlled storage, roll-up door access, and additional mezzanine area.
Constructed in 2004, the property is located at 365 Val Verde Rd in McGregor, Texas. Its configuration is suited to commercial operations requiring office space, controlled storage, roll-up door access, and additional mezzanine area.
Key Highlights
- Climate‑controlled storage space within a commercial flex building
- Two 12‑foot roll‑up doors
- Mezzanine located above the office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,814
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,280
$556.3K
Cap Rate 7%
$397,343
$397.3K
Cap Rate 9%
$309,044
$309.0K
Market Conditions
NOI Build-Up for 3,876 SF
Gross rent
$46.5K $12.00/SF
− Vacancy
−$3.7K −$0.96/SF
EGI
$42.8K $11.04/SF
− OpEx
−$15.0K −$3.86/SF
NOI
$27.8K $7.18/SF
Area
McLennan County, TX
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,280
Cap Rate 7%
$397,343
Cap Rate 9%
$309,044
Alternative Uses
Best Use
Flex RnD
$397.3K
$347.7K – $463.6K
NOI $27,814 @ 7.0% cap · market cap 5.39%
Second Best
Warehouse
$342.2K
$299.4K – $399.3K
NOI $23,955 @ 7.0% cap · market cap 4.64%
Theoretical Best
Multifamily LT 5
$48.29M
$42.25M – $56.33M
NOI $3,379,984 @ 7.0% cap · market cap 655.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 76657, TX
11,444
Population
4,775
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
138.7 sq mi
ZIP Area
83
Density / Sq Mi
$100,160
Median Household Income
$44,526
Median Earnings
$1,228
Median Rent
$367,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled storage and office areas support varied commercial use.
Where is this flex space located?
The property is located at 365 Val Verde Rd McGregor, TX.
What is the asking price?
The asking price for this property is $515,900.
What are key features of this property?
This property features: Climate‑controlled storage space within a commercial flex building; Two 12‑foot roll‑up doors; Mezzanine located above the office area
