Killeen Office Complex For
Ste-16-4003 W Stan Schlueter Loop, Killeen, TX 76549
For Sale
$2,995,000
Office complex with three buildings, high visibility, and ample parking.
Property Size17,102 SF
Lot Size1.72 Acres
Price / SF$175.13
Days on Market649
Property Features for Ste-16-4003 W Stan Schlueter Loop
General Information
Standard status
Size
Lot size
Listing Agency:
Jim Wright Company
Listed By:
Jim Wright · License TX #0181945
(254) 526-5117
Source:
Exprealty
Added: Feb 2, 2025
Changed: Oct 25
Last Checked: Nov 12 at 9:26AM
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 Jim Wright Company
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Investment Insights
Based on property information with market context.
This office complex comprises three buildings, with two situated in the front and one at the back, offering 4,500 square feet of space. The entire complex measures 17,102 square feet. It features over 91 paved parking spaces and frontage on W. Stan Schlueter Loop, providing significant visibility and accessibility. Located near Fort Cavazos (Fort Hood), one of the largest U.S. military installations, the property benefits from a supported population exceeding 250,745. Current key projects in the area are valued at over $464 million.
Key Highlights
- High visibility and easy access due to frontage on W. Stan Schlueter Loop.
- Significant parking capacity with over 91 paved spaces.
- Large office complex totaling 17,102 sq. ft.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$226,075
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,521,500
$4.5M
Cap Rate 7%
$3,229,643
$3.2M
Cap Rate 9%
$2,511,944
$2.5M
Market Conditions
NOI Build-Up for 17,102 SF
Gross rent
$369.4K $21.60/SF
− Vacancy
−$68.0K −$3.97/SF
EGI
$301.4K $17.63/SF
− OpEx
−$75.4K −$4.41/SF
NOI
$226.1K $13.22/SF
Area
Killeen, TX
Vacancy
18.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,521,500
Cap Rate 7%
$3,229,643
Cap Rate 9%
$2,511,944
Alternative Uses
Best Use
Office B
$3.23M
$2.83M – $3.77M
NOI $226,075 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.11M
$3.59M – $4.79M
NOI $287,543 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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Business Placement
Demographics for 76549, TX
56,199
Population
21,794
Households
2.6
Avg Household Size
29
Median Age
23%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
597
Density / Sq Mi
$62,536
Median Household Income
$36,340
Median Earnings
$1,363
Median Rent
$202,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Killeen, TX
Properties on Market for Office buildings in Killeen
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office complex with three buildings, high visibility, and ample parking.
Where is this office building located?
The property is located at Ste-16-4003 W Stan Schlueter Loop Killeen, TX.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: High visibility and easy access due to frontage on W. Stan Schlueter Loop.; Significant parking capacity with over 91 paved spaces.; Large office complex totaling 17,102 sq. ft.
