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Industrial Office Flex Property

4004 Bell Dr, Temple, TX 76502

For Sale
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Industrial office mix with secured lay down yard for operations needing both workspace and outdoor storage.

Property Size4,120 SF
Lot Size2.20 Acres
Price / SF$224.51
Days on Market147

Property Features for 4004 Bell Dr

General Information

Standard status Active
Size 4,120 SF
Lot size 2.20 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes
Listing Agency: Cromwell Commercial Group
Listed By: Stefan LeRow · License #590914
Source: Crexi
Added: Jun 16 Changed: Nov 8 Last Checked: Nov 8 at 9:02AM

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 Cromwell Commercial Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property offers an industrial office flex configuration, combining workplace improvements with an outdoor secured lay down yard. The yard provides a dedicated area for equipment, staging, or other lay down needs alongside the office component.

The site is described as having easy access on I-35 and Loop 363, supporting convenient entry and movement for personnel and deliveries. The property is located at 4004 Bell Dr in Temple, Texas.

For buyers seeking an industrial setup with office space included, this mix can support tenants and users that need both functional workspace and a controlled outdoor area for day-to-day operations. The presence of a secured lay down yard makes the asset particularly relevant for businesses that handle materials or equipment that benefit from on-site staging and storage.

Key Highlights

  • Industrial office mix with a secured lay down yard
  • Secured lay down yard spans 2.20 acres
  • Easy access to I‑35 and Loop 363

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,915
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,378,300 $1.4M
Cap Rate 7%
$984,500 $984.5K
Cap Rate 9%
$765,722 $765.7K
Market Conditions
NOI Build-Up for 4,120 SF
Gross rent
$126.6K $30.72/SF
− Vacancy
−$34.7K −$8.42/SF
EGI
$91.9K $22.30/SF
− OpEx
−$23.0K −$5.58/SF
NOI
$68.9K $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%
$1,378,300
Cap Rate 7%
$984,500
Cap Rate 9%
$765,722

Alternative Uses

Best Use
Office B
$984.5K
$861.4K – $1.15M (±1% cap)
NOI $68,915 @ 7.0% cap · market cap 7.45%
Second Best
Flex RnD
$720.7K
$630.6K – $840.8K (±1% cap)
NOI $50,447 @ 7.0% cap · market cap 5.45%
Theoretical Best
Multifamily LT 5
$45.99M
$40.24M – $53.66M (±1% cap)
NOI $3,219,582 @ 7.0% cap · market cap 348.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Willbros T&D Services Renovation Specialist

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store Building Supply Real Estate Agency Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76502, TX

47,297
Population
19,497
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
91%
High-School Grad
58.3 sq mi
ZIP Area
811
Density / Sq Mi
$80,504
Median Household Income
$45,332
Median Earnings
$1,411
Median Rent
$252,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Bell County, TX

$214 Jul
$175 Aug
$165 Sep
$164 Oct

Properties on Market for Flex space in Bell County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Industrial office mix with secured lay down yard for operations needing both workspace and outdoor storage.
Where is this flex space located?
The property is located at 4004 Bell Dr Temple, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Industrial office mix with a secured lay down yard; Secured lay down yard spans 2.20 acres; Easy access to I‑35 and Loop 363
(254) 313-0000 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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