Free-Span Metal Building on Two
For Sale
$450,000
625 North La Grange Street, Flatonia, TX 78941
COMMERCIAL - Flatonia, TX
Property Size3,200 SF
Lot Size2.00 Acres
Price / SF$140.63
Days on Market47
Property Features for 625 North La Grange Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
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
27995
Size
3,200 SF
Lot size
2.00 Acres
Taxes and HOA fees
Tax Annual Amount
4085
Utilities
Water source
Public
Building Details
Floors in Building
1
Roof type
Metal
Listing Agency:
Legacy Land Associates
(512) 776-1398
Listed By:
Hannah Mica · License #477658
(512) 776-1398
Added: Jun 18
Changed: Jun 26
Last Checked: Aug 3 at 10:06PM
MLS# 156588
Copyright © 2026 South Central Texas Board of Realtors. 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.
This property offers a 3,200-square-foot free-span metal building situated on a two-acre tract. The building has clear-span space and was recently used for retail, while also offering flexibility to be retrofitted for offices, warehouse space, or a restaurant. Utilities on site include city water, septic, and electricity; the current electric service is 200 amps, with three-phase power available nearby.
The tract has road frontage on the east and south sides, including 225 feet along FM 609 and 425 feet along East 12th Street. The site is located at 625 North La Grange Street in Flatonia, Texas, near the intersection of FM 609 and I-10.
For tenants or operators, the free-span layout can support a range of commercial uses beyond retail. For buyers, the combination of substantial frontage and utility access makes it practical for an owner-operator or a business that needs adaptable indoor space with on-site services.
The tract has road frontage on the east and south sides, including 225 feet along FM 609 and 425 feet along East 12th Street. The site is located at 625 North La Grange Street in Flatonia, Texas, near the intersection of FM 609 and I-10.
For tenants or operators, the free-span layout can support a range of commercial uses beyond retail. For buyers, the combination of substantial frontage and utility access makes it practical for an owner-operator or a business that needs adaptable indoor space with on-site services.
Key Highlights
- 2‑acre tract with road frontage on east and south sides: 225 ft on FM 609 and 425 ft on East 12th Street
- 3,200 SF free‑span metal building currently used for retail; could be retrofitted for offices, warehouse, or a restaurant
- Metal roof and 200‑amp electrical service; 3‑phase electricity available nearby
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
Heavy power
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 - Two-acre tract with road frontage and a 3,200 SF free-span metal building suited for retail, office, or warehouse use.
Where is this flex space located?
The property is located at 625 North 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 east and south sides: 225 ft on FM 609 and 425 ft on East 12th Street; 3,200 SF free‑span metal building currently used for retail; could be retrofitted for offices, warehouse, or a restaurant; Metal roof and 200‑amp electrical service; 3‑phase electricity available nearby
