Warehouse with Loft and Office
49 Happy Street Unit 49 Killeen, TX 76541
49 Happy Street Unit 49, Killeen, TX, 76541
$265,000
For Sale
$265,000
3,000 sq. ft. warehouse with loft, two office areas, and electric service plus city water availability.
Property Size3,000 SF
Price / SF$88.33
Days on Market695
Property Features for 49 Happy Street Unit 49
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1970
Listing agency
(254) 317-7146
Listed by
Native Real Estate
(254) 317-7146
Source
Xome
Added: Aug 28, 2024 Updated: Jul 22 at 4:06AM Checked: Jul 22 at 4:06AM
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 Native Real Estate
Investment Insights
Based on property information with market context.
This 3,000 sq. ft. warehouse offers a flexible industrial layout for storage and a range of back-of-house operations. Interior features include a loft area, two potential office spaces, and a bathroom that is listed as soon to be operable. The property is equipped with electric service and has city water availability, supporting uses such as auto-related services and warehouse storage.
The warehouse is located at 49 Happy Street, Unit 49 in Killeen, TX, off Veterans Memorial Drive on a quiet cul-de-sac. The setting provides convenient access while keeping the property positioned away from through-traffic.
For businesses needing a straightforward warehouse with built-in office space options and utility service already in place, this facility may fit a variety of industrial and light commercial requirements.
The warehouse is located at 49 Happy Street, Unit 49 in Killeen, TX, off Veterans Memorial Drive on a quiet cul-de-sac. The setting provides convenient access while keeping the property positioned away from through-traffic.
For businesses needing a straightforward warehouse with built-in office space options and utility service already in place, this facility may fit a variety of industrial and light commercial requirements.
Key Highlights
- 3,000 sq. ft. warehouse on Happy Street
- Includes loft area, two office areas, and a bathroom (soon to be operable)
- Located off Veterans Memorial Drive on a quiet cul‑de‑sac
Local Financial Insights For Warehouse
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 | $27.0k | $9.00 |
| − Vacancy | −$1.6k | −$0.54 |
| EGI | $25.4k | $8.46 |
| − OpEx | −$3.8k | −$1.27 |
| NOI | $21.6k | $7.19 |
3,000 SF · lease $9.00/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Retail
$509.8K
$446.0K – $594.7K
NOI $35,683 @ 7.0% cap · market cap 13.47%
Second Best
Warehouse
$308.2K
$269.7K – $359.6K
NOI $21,573 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$720.6K
$630.5K – $840.7K
NOI $50,440 @ 7.0% cap · market cap 19.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- A-American Mini Storage — 401 Priest Dr, Killeen, TX 76541
- Top Mini Storage — 325 e veterans memorial blvd, killeen, tx 76541
- Self Storage — 124 N 4th St, Killeen, TX 76541
- Self-Storage at U-Haul — 102 E Veterans Memorial Blvd, Killeen, TX 76541
FAQs
What type of property is this?
Warehouse - 3,000 sq. ft. warehouse with loft, two office areas, and electric service plus city water availability.
Where is this warehouse located?
The property is located at 49 Happy Street Unit 49 Killeen, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 3,000 sq. ft. warehouse on Happy Street; Includes loft area, two office areas, and a bathroom (soon to be operable); Located off Veterans Memorial Drive on a quiet cul‑de‑sac
