Freestanding Retail Building with
414 W ADAMS AVE, Temple, TX 76501
For Sale
Contact for pricing
The property offers a drive-through configuration along W Adams Avenue.
Property Size2,040 SF
Price / SF$242.65
Days on Market14
Property Features for 414 W ADAMS AVE
General Information
Standard status
Size
Property subtype
Additional Details
Drive-Thru
Building Details
Buildings
Listing Agency:
First Texas
Listed By:
Ryan Hodge · License #0470284
(254) 541-2255
Source:
Crexi
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 5:10PM
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 First Texas
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Investment Insights
Based on property information with market context.
This freestanding retail building contains 2,040 square feet and includes an existing drive-through. Its configuration supports retail operations that use drive-through service.
The property fronts W Adams Avenue in Temple, near the downtown district. Nearby downtown amenities include offices, professional services, dining, and local businesses.
The property fronts W Adams Avenue in Temple, near the downtown district. Nearby downtown amenities include offices, professional services, dining, and local businesses.
Key Highlights
- 2,040 SF freestanding retail building
- Existing drive‑through
- Frontage on W Adams Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,632
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,640
$552.6K
Cap Rate 7%
$394,743
$394.7K
Cap Rate 9%
$307,022
$307.0K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$41.9K $20.52/SF
− Vacancy
−$2.4K −$1.17/SF
EGI
$39.5K $19.35/SF
− OpEx
−$11.8K −$5.81/SF
NOI
$27.6K $13.55/SF
Area
Bell County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,640
Cap Rate 7%
$394,743
Cap Rate 9%
$307,022
Alternative Uses
Best Use
Retail
$394.7K
$345.4K – $460.5K
NOI $27,632 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$22.77M
$19.93M – $26.57M
NOI $1,594,162 @ 7.0% cap · market cap 322.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76501, TX
16,987
Population
7,298
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
118.2 sq mi
ZIP Area
144
Density / Sq Mi
$50,764
Median Household Income
$35,856
Median Earnings
$879
Median Rent
$151,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Storefront properties in Temple
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Storefront property - The property offers a drive-through configuration along W Adams Avenue.
Where is this storefront property located?
The property is located at 414 W ADAMS AVE Temple, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,040 SF freestanding retail building; Existing drive‑through; Frontage on W Adams Avenue
