Fully Leased
New
For Sale
$320,000
619 N Main St, Belton, TX 76513
Private parking serves a property within walking distance of UMHB.
Property Size1,890 SF
Days on Market2
Property Features for 619 N Main St
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Tenant in Place
Yes
Building Details
Building Size
1,890 SF
Year Built
1950
Stories
1
Listing Agency:
DB Commercial LLC
Listed By:
Greg Davis · License #0280742
(254) 771-5959
Source:
Elliman
Added: Oct 24
Last Checked: Oct 24 at 2:56PM
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 DB Commercial LLC
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Investment Insights
Based on property information with market context.
Built in 1950, this storefront at 619 N Main St in Belton is fully leased and has private parking. The property is within walking distance of UMHB.
Key Highlights
- 100% leased
- Private parking
- Within walking distance of UMHB
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,601
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,020
$512.0K
Cap Rate 7%
$365,729
$365.7K
Cap Rate 9%
$284,456
$284.5K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$38.8K $20.52/SF
− Vacancy
−$2.2K −$1.17/SF
EGI
$36.6K $19.35/SF
− OpEx
−$11.0K −$5.81/SF
NOI
$25.6K $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%
$512,020
Cap Rate 7%
$365,729
Cap Rate 9%
$284,456
Alternative Uses
Best Use
Retail
$365.7K
$320.0K – $426.7K
NOI $25,601 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$21.10M
$18.46M – $24.62M
NOI $1,476,944 @ 7.0% cap · market cap 461.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Private parking serves a property within walking distance of UMHB.
Where is this storefront property located?
The property is located at 619 N Main St Belton, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 100% leased; Private parking; Within walking distance of UMHB
