Updated Commercial Space Near
For Sale
$259,000
622 E 6th Ave, Belton, TX 76513
Commercial space near downtown Belton, suitable for retail or office.
Property Size624 SF
Price / SF$415.06
Days on Market223
Property Features for 622 E 6th Ave
General Information
Standard status
Active
Size
624 SF
Building Details
Year Built
1962
Listing Agency:
NANCY BEST REALTY
Listed By:
Nancy Best · License #0683216
(512) 571-1259
Source:
Olverabolton
Added: Mar 10
Changed: Oct 16
Last Checked: Oct 7 at 1:01PM
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 NANCY BEST REALTY
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Investment Insights
Based on property information with market context.
This commercial property, located on 6th Street near downtown Belton, presents an opportunity for small business ownership. The property underwent a complete update in 2019, including electrical, HVAC, plumbing, sheetrock, and paint work, both inside and out. A new roof was installed in 2024. The space is suitable for various uses, including a beauty shop, retail establishment, or office. The property benefits from high visibility, ample parking, and convenient access to downtown and I-35. The property is currently leased with the option to continue the lease. Adjacent property is also available.
Key Highlights
- Prime location on 6th Street near Downtown Belton with high visibility
- Complete update in 2019 including electrical, HVAC, plumbing, sheetrock, and paint (inside and out)
- New roof installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,452
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,040
$169.0K
Cap Rate 7%
$120,743
$120.7K
Cap Rate 9%
$93,911
$93.9K
Market Conditions
NOI Build-Up for 624 SF
Gross rent
$12.8K $20.52/SF
− Vacancy
−$730 −$1.17/SF
EGI
$12.1K $19.35/SF
− OpEx
−$3.6K −$5.81/SF
NOI
$8.5K $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%
$169,040
Cap Rate 7%
$120,743
Cap Rate 9%
$93,911
Alternative Uses
Best Use
Retail
$120.7K
$105.7K – $140.9K
NOI $8,452 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.97M
$6.10M – $8.13M
NOI $487,626 @ 7.0% cap · market cap 188.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
163
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space near downtown Belton, suitable for retail or office.
Where is this retail space located?
The property is located at 622 E 6th Ave Belton, TX.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Prime location on 6th Street near Downtown Belton with high visibility; Complete update in 2019 including electrical, HVAC, plumbing, sheetrock, and paint (inside and out); New roof installed in 2024
