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Multi-Tenant Office Building
For Sale
$900,000

625 Kennedy Court, Belton, TX 76513

The 1.160-acre parcel has PVC conduits in place for potential additional structures.

Property Size4,596 SF
Lot Size1.16 Acres
Price / SF$195.82
Days on Market334

Property Features for 625 Kennedy Court

General Information

Standard status Active
Size 4,596 SF
Lot size 1.16 Acres
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Condition Turnkey
Currently Operating Yes
Property Use Office

Amenities

conference rooms
executive offices
separate entrances
IT room
sound-proof insulated walls
security system
break room
9' ceilings
sashed windows with blinds
built-in stained cabinetry

Building Details

Building Size 4,596 SF
Buildings 1
Listing Agency: Compass Re Texas, Llc
Listed By: Myka Allen-Johnson · License #0505260
Source: Alleyhomeandland
Added: Dec 4, 2025 Changed: Oct 26 Last Checked: Oct 31 at 12:14AM

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 Compass Re Texas, Llc

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Investment Insights

Based on property information with market context.

This office property is configured for one occupant or multiple tenants, with separate entrances, two conference rooms, executive offices, and built-in work centers. Building systems include three HVAC units with heat pumps, Cat 6+ cabling, a dedicated IT room, and availability of coaxial and fiber internet. Two ADA restrooms, a break room, sound-insulated walls, and a DSC multi-zone security system round out the interior. The roof was replaced in 2019 and has warranties.

The building sits on 1.160 acres at the end of a cul-de-sac, with access to Hwy 190/I-14 and I-35. PVC conduits are already in place for additional structures. Exterior features include front and rear access, irrigation on a separate water meter, and an on-site fire hydrant.

Key Highlights

  • Office layout includes two conference rooms, executive offices, and separate entrances
  • 1.160‑acre site with PVC conduits in place for additional structures
  • Three HVAC units with heat pumps

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,877
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,537,540 $1.5M
Cap Rate 7%
$1,098,243 $1.1M
Cap Rate 9%
$854,189 $854.2K
Market Conditions
NOI Build-Up for 4,596 SF
Gross rent
$141.2K $30.72/SF
− Vacancy
−$38.7K −$8.42/SF
EGI
$102.5K $22.30/SF
− OpEx
−$25.6K −$5.58/SF
NOI
$76.9K $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 Rate 5%
$1,537,540
Cap Rate 7%
$1,098,243
Cap Rate 9%
$854,189

Alternative Uses

Best Use
Office B
$1.10M
$961.0K – $1.28M (±1% cap)
NOI $76,877 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$51.31M
$44.89M – $59.86M (±1% cap)
NOI $3,591,553 @ 7.0% cap · market cap 399.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Pharmacy Restaurant

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
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

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 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 - The 1.160-acre parcel has PVC conduits in place for potential additional structures.
Where is this office building located?
The property is located at 625 Kennedy Court Belton, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Office layout includes two conference rooms, executive offices, and separate entrances; 1.160‑acre site with PVC conduits in place for additional structures; Three HVAC units with heat pumps
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