Flex Storage Building with
For Sale
$515,900
365 Val Verde Road, McGregor, TX 76657
Climate-controlled storage plus mezzanine office space and two 12-foot roll-up doors for versatile commercial use.
Property Size3,876 SF
Price / SF$133.10
Days on Market162
Property Features for 365 Val Verde Road
General Information
Standard status
Active
Size
3,876 SF
Property subtype
Office
Additional Details
Drive-In Doors
2
Building Details
Year Built
2004
Listing Agency:
Kelly, Realtors
(254) 741-1500
Listed By:
Nathan Embry · License #668380
Source:
Xome
Added: Feb 19
Changed: Jul 10
Last Checked: Jun 15 at 5:49AM
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
Investment Insights
Based on property information with market context.
This well-maintained flex building is set up for both commercial and office use, with climate-controlled storage space and an office mezzanine above. The interior includes a practical split between work or storage area below and office space on the mezzanine level, giving day-to-day operations a dedicated administrative component.
The property is located at 365 Val Verde Road in McGregor, TX, and is supported by direct drive-up access. The building features two 12-foot roll-up doors and a 100-square-foot covered awning, which can help protect loading or short-term equipment staging.
For tenants and owners looking for a facility that can handle storage and work functions while keeping office space onsite, the layout is straightforward. The climate-controlled storage supports temperature-sensitive operations, while the mezzanine office arrangement keeps management and coordination close to the primary work area. The combination of roll-up access and covered exterior space makes it a functional fit for a range of commercial uses that benefit from both storage and an internal office component.
The property is located at 365 Val Verde Road in McGregor, TX, and is supported by direct drive-up access. The building features two 12-foot roll-up doors and a 100-square-foot covered awning, which can help protect loading or short-term equipment staging.
For tenants and owners looking for a facility that can handle storage and work functions while keeping office space onsite, the layout is straightforward. The climate-controlled storage supports temperature-sensitive operations, while the mezzanine office arrangement keeps management and coordination close to the primary work area. The combination of roll-up access and covered exterior space makes it a functional fit for a range of commercial uses that benefit from both storage and an internal office component.
Key Highlights
- Year built 2004 building with climate‑controlled storage space
- Mezzanine space above the office area
- Two 12‑foot roll‑up doors
Financial Insights For Flex RnD
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 | $46.5k | $12.00 |
| − Vacancy | −$3.7k | −$0.96 |
| EGI | $42.8k | $11.04 |
| − OpEx | −$15.0k | −$3.86 |
| NOI | $27.8k | $7.18 |
3,876 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 35.00%
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.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
6
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled storage plus mezzanine office space and two 12-foot roll-up doors for versatile commercial use.
Where is this flex space located?
The property is located at 365 Val Verde Road 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: Year built 2004 building with climate‑controlled storage space; Mezzanine space above the office area; Two 12‑foot roll‑up doors
