High-Visibility Mixed-Use Redevelopment
For Sale
$1,150,000
4916 State Highway 317, Belton, TX 76513
COMMERCIAL - Belton, TX
Property Size2,494 SF
Lot Size2.65 Acres
Price / SF$461.11
Days on Market235
Property Features for 4916 State Highway 317
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Driveway, RV, Garage
Interior features
PullDownAtticStairs, BedroomOnMainLevel
Fireplace
1
Lot features
One To Three Acres, City Lot
Elementary school district
Belton ISD
Middle school district
Belton ISD
High school district
Belton ISD
Directions
From Lake Rd, head north on SH 317 for approximately 1 mile. Turn left at the stop light on Poison Oak Rd.
Standard status
Active
APN
56388
Size
2,494 SF
Lot size
2.65 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
A0737BC J J SIMMONS, 17, 18, ACRES 2.654
Tax Annual Amount
9680
Legal Description
A0737BC J J SIMMONS, 17, 18, ACRES 2.654
Utilities
Sewer type
Septic Tank
Heating system
Fireplace(s), Central, Electric (Heating)
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1983
Floors in Building
1
Flooring type
Tile, Carpet, Vinyl
Building materials
Brick, Masonry, StoneVeneer
Roof type
Composition, Shingle
Listing Agency:
Anchor Realty
(254) 718-1618
Listed By:
Andy Padron · License #0839454
(210) 391-6888
Added: Dec 22, 2025
Changed: Aug 14
Last Checked: Aug 14 at 10:06AM
MLS# 600331
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.
Investment Insights
Based on property information with market context.
This mixed-use property sits on just under three acres and includes an updated main residence, a detached office building, and a detached guest house with a full kitchen and bath. The site is described as having utilities in place and a private gated entrance, offering multiple interim income or operating configurations while retaining long-term redevelopment flexibility.
The property is positioned along State Highway 317 with approximately 282 feet of frontage. TxDOT traffic counts are reported to exceed 25,000 vehicles daily. It is located within the City of Temple’s Comprehensive Plan-designated mixed-use commercial corridor toward W Adams Ave, in an area surrounded by expanding commercial development.
The existing improvements and strong highway exposure support both current utility and future redevelopment into office, medical, retail, service-based commercial, or mixed-use projects, with buyer to verify.
The property is positioned along State Highway 317 with approximately 282 feet of frontage. TxDOT traffic counts are reported to exceed 25,000 vehicles daily. It is located within the City of Temple’s Comprehensive Plan-designated mixed-use commercial corridor toward W Adams Ave, in an area surrounded by expanding commercial development.
The existing improvements and strong highway exposure support both current utility and future redevelopment into office, medical, retail, service-based commercial, or mixed-use projects, with buyer to verify.
Key Highlights
- Nearly 3‑acre property on SH 317 with 282 ft of frontage and TxDOT traffic counts exceeding 25,000 vehicles daily
- Mixed‑use setup with updated main residence plus detached office building and detached guest house with full kitchen and bath
- Gated entrance and existing utilities, with public water and septic tank sewer
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,717
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$834,340
$834.3K
Cap Rate 7%
$595,957
$596.0K
Cap Rate 9%
$463,522
$463.5K
Market Conditions
NOI Build-Up for 2,494 SF
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.
Gross rent
$76.6K $30.72/SF
− Vacancy
−$21.0K −$8.42/SF
EGI
$55.6K $22.30/SF
− OpEx
−$13.9K −$5.58/SF
NOI
$41.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$834,340
Cap Rate 7%
$595,957
Cap Rate 9%
$463,522
Alternative Uses
Best Use
Office B
$596.0K
$521.5K – $695.3K
NOI $41,717 @ 7.0% cap · market cap 3.63%
Second Best
Mixed Use
$360.7K
$315.7K – $420.9K
NOI $25,252 @ 7.0% cap · market cap 2.20%
Theoretical Best
Multifamily LT 5
$27.84M
$24.36M – $32.48M
NOI $1,948,941 @ 7.0% cap · market cap 169.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
25,000 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 76513, TX
43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use site with an updated residence plus detached office and guest house, fronting SH 317 with 282 feet of visibility.
Where is this mixed-use property located?
The property is located at 4916 State Highway 317 Belton, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Nearly 3‑acre property on SH 317 with 282 ft of frontage and TxDOT traffic counts exceeding 25,000 vehicles daily; Mixed‑use setup with updated main residence plus detached office building and detached guest house with full kitchen and bath; Gated entrance and existing utilities, with public water and septic tank sewer
