Flex Building with Road
For Sale
$450,000
625 N La Grange Street, Flatonia, TX 78941
COMMERCIAL - Flatonia, TX
Property Size3,200 SF
Lot Size2.00 Acres
Price / SF$140.63
Days on Market50
Property Features for 625 N La Grange Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GC
Subdivision
Baca Add 401
Lot features
One To Three Acres, Corner Lot, City Lot
Elementary school district
Flatonia ISD
Middle school district
Flatonia ISD
High school district
Flatonia ISD
Directions
Take the Flatonia exit off I-10, exit 661. Travel south on FM 609/N. La Grange Ave, for less than 1/4 of a mile (property is approximately 830 feet from I-10). The property is on the west side of FM 609/N. La Grange St. Look for Legacy Land Associates Sign!
Standard status
Active
APN
R27995
Size
3,200 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BACA ADDN. (401) BLK 10 2. COMM - FLOY FARM AND GARDEN
Tax Annual Amount
4085
Legal Description
BACA ADDN. (401) BLK 10 2. COMM - FLOY FARM AND GARDEN
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame, MetalSiding
Roof type
Metal
Listing Agency:
Legacy Land Associates
(512) 776-1398
Listed By:
Jodie Ann Siptak · License #0477658
(361) 772-6702
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 3 at 10:06PM
MLS# 616560
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.
The property includes a 3,200-square-foot free-span metal building situated on a 2-acre tract. The building was recently used for retail, and it may be retrofitted for other uses including office, warehouse, or restaurant. Utilities on site include city water, septic, and electricity, with electricity currently described as a 200-amp service; three-phase power is noted as available close by.
The tract has road frontage on the east and south sides, including 225 feet on FM 609 and 425 feet on East 12th Street. The property is zoned GC.
This is a straightforward setup for a single-building operation with substantial frontage on two sides, supported by utilities already in place for continued commercial use.
The tract has road frontage on the east and south sides, including 225 feet on FM 609 and 425 feet on East 12th Street. The property is zoned GC.
This is a straightforward setup for a single-building operation with substantial frontage on two sides, supported by utilities already in place for continued commercial use.
Key Highlights
- 2‑acre tract with road frontage on FM 609 (225 ft) and East 12th Street (425 ft) near the FM 609 and I‑10 intersection in Flatonia, TX
- 3200 SF free‑span metal building on site, recently used for retail; could be retrofitted for offices, warehouse space, or a restaurant
- Metal roof and metal frame with metal siding; concrete flooring
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $8.04 |
| − Vacancy | −$2.6k | −$0.82 |
| EGI | $23.1k | $7.22 |
| − OpEx | −$3.5k | −$1.08 |
| NOI | $19.6k | $6.14 |
3,200 SF · lease $8.04/SF/yr · vacancy 10.20% · expense 15.00%
Alternative Uses
Best Use
Retail
$619.2K
$541.8K – $722.4K
NOI $43,345 @ 7.0% cap · market cap 9.63%
Second Best
Warehouse
$280.5K
$245.5K – $327.3K
NOI $19,638 @ 7.0% cap · market cap 4.36%
Theoretical Best
Multifamily LT 5
$35.88M
$31.39M – $41.86M
NOI $2,511,372 @ 7.0% cap · market cap 558.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78941, TX
3,006
Population
1,749
Households
1.7
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
161.8 sq mi
ZIP Area
19
Density / Sq Mi
$75,694
Median Household Income
$36,270
Median Earnings
$882
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Flex space - A 3,200 sf metal free-span building on a 2-acre tract with city utilities and frontage on FM 609 and East 12th Street.
Where is this flex space located?
The property is located at 625 N La Grange Street Flatonia, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2‑acre tract with road frontage on FM 609 (225 ft) and East 12th Street (425 ft) near the FM 609 and I‑10 intersection in Flatonia, TX; 3200 SF free‑span metal building on site, recently used for retail; could be retrofitted for offices, warehouse space, or a restaurant; Metal roof and metal frame with metal siding; concrete flooring
