Office Complex with Covered
For Sale
$2,995,000
4003 W Stan Schlueter Loop, Killeen, TX 76549
CommercialSale, Killeen, TX
Property Size17,102 SF
Lot Size1.72 Acres
Price / SF$175.13
Days on Market425
Property Features for 4003 W Stan Schlueter Loop
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Parking features
Special Needs
Exterior features
PropaneTankOwned
Subdivision
King Park Add
Lot features
One To Three Acres, City Lot
Directions
From Highway 195 travel West until you get to 4003 W. Stan Schlueter Loop, on the right.
Standard status
Active
APN
363423
Size
17,102 SF
Lot size
1.72 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
KING PARK ADDITION, BLOCK 001, LOT 0001, ACRES 1.721
Tax Annual Amount
31674
Legal Description
KING PARK ADDITION, BLOCK 001, LOT 0001, ACRES 1.721
Utilities
Utilities
Propane
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Brick, Masonry
Listing Agency:
Jim Wright Company
(254) 526-5117
Listed By:
Jim Wright · License #0181945
(254) 289-3145
Added: Aug 18, 2025
Changed: Sep 14
Last Checked: Oct 16 at 10:06AM
MLS# 568769
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 17,102-square-foot office property comprises three buildings on 1.721 acres. Two front buildings are connected by a covered area, while a separate rear structure contains 4,500 square feet. The improvements were constructed in 2005 and feature brick and masonry exteriors, tile and carpet flooring, central air conditioning, and electric heating and cooling. The property also includes an owned propane tank.
The site fronts W. Stan Schlueter Loop and includes more than 91 paved parking spaces. Public water and public sewer serve the property, and B-3 zoning is identified for the site. The multi-building configuration provides distinct office structures with a covered connection between the two front buildings.
The site fronts W. Stan Schlueter Loop and includes more than 91 paved parking spaces. Public water and public sewer serve the property, and B-3 zoning is identified for the site. The multi-building configuration provides distinct office structures with a covered connection between the two front buildings.
Key Highlights
- 17,102 square feet of office improvements on 1.721 acres
- Three‑building configuration with two front structures joined by a covered area
- Separate rear building contains 4,500 square feet
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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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - B-3 zoning, public utilities, and paved parking support a multi-building office layout.
Where is this office building located?
The property is located at 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: 17,102 square feet of office improvements on 1.721 acres; Three‑building configuration with two front structures joined by a covered area; Separate rear building contains 4,500 square feet
