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Corner-Lot Office Building

518 N 5th Street, Temple, TX 76501

For Sale
$299,000

CommercialSale, Temple, TX

Property Size5,059 SF
Lot Size0.38 Acres
Price / SF$59.10
Days on Market186

Property Features for 518 N 5th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning NS
Subdivision L R Taylor Add
Lot features City Lot, Quarter To Half Acre Lot
Directions From Interstate 35 take N. 3rd St south. Turn right on French Ave and the building is on the corner of French Ave and 5th.
Special listing conditions In Foreclosure
Standard status Active
APN 126055
Size 5,059 SF
Lot size 0.38 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Description L R TAYLOR ADDITION, BLOCK 007, LOT 0002
Tax Annual Amount 28740
Legal Description L R TAYLOR ADDITION, BLOCK 007, LOT 0002

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1950
Floors in Building 1
Flooring type Carpet, Laminate, Tile
Building materials Brick, Masonry
Buildings 1
Listing Agency: Spradley Properties
Listed By: Robert Spradley · License TX #0464664
Added: May 12 Changed: Nov 10 Last Checked: Nov 13 at 11:06PM
MLS# 613486

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.

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.

Built in 1950, this 5,059-square-foot brick and masonry office property occupies a 0.3788-acre corner site. The layout includes 13+/- offices, six restrooms, a lobby, reception and administrative areas, plus utility and storage rooms. Multiple entrances support circulation through the building, while carpet, tile and laminate flooring are used throughout. Central air and electric heating serve the interior.

The property is positioned in Temple’s Historic District, north of downtown, with Baylor Scott and White hospital and Interstate 35 only minutes away. On-site parking is supplemented by an additional lot enclosed with fencing and a gate. Public water and public sewer serve the property, which carries NS zoning.

Key Highlights

  • 5,059 SF office building on a 0.3788‑acre corner lot
  • 13+/- offices and 6 restrooms
  • Lobby, reception, administrative, utility, and storage areas

Property Analytics

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

Current Use

C3-LLC Construction Company Bobbitt Medical Review ... Medical Clinic

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Acupuncture Tech Support Center Parking Lot & Garage Travel Agency

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
Highway access

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

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
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Temple, TX

$97.8 Jul
$88.23 Aug
$91.39 Sep
$99.59 Oct

Properties on Market for Office buildings in Temple

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?
Office building - Flexible professional workspace with multiple entrances, dedicated parking, and a separate secured lot.
Where is this office building located?
The property is located at 518 N 5th Street Temple, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 5,059 SF office building on a 0.3788‑acre corner lot; 13+/- offices and 6 restrooms; Lobby, reception, administrative, utility, and storage areas
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