Mixed-Use Warehouse and
New
For Sale
$2,350,000
6284 Fm 2484, Salado, TX 76571
Insulated space is divided for three occupants, with shop areas, offices, and restrooms.
Property Size8,000 SF
Lot Size5.78 Acres
Price / SF$293.75
Days on Market7
Property Features for 6284 Fm 2484
General Information
Standard status
Active
Size
8,000 SF
Lot size
5.78 Acres
Property subtype
Mixed Use
Occupancy
75%
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$13,931
Building Details
Building Size
8,000 SF
Year Built
2025
Buildings
2
Tenancy
Multi
Listing Agency:
Century 21 Bill Bartlett
Listed By:
Paul Schoenrock · License #0551463
(254) 721-8778
Source:
Baerealty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 21 at 6:23AM
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 Century 21 Bill Bartlett
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Investment Insights
Based on property information with market context.
Two buildings completed in 2025 provide 8,000 square feet of insulated warehouse and office space on 5.78 unrestricted acres. The layout accommodates three separate tenants and includes shop areas, offices, restrooms, and 14-foot overhead doors. Of the total floor area, 6,000 square feet is leased and 2,000 square feet is available.
The property has over 1,100 feet of paved road frontage along FM 2484. Water meters are reserved for five additional buildings, and soil testing and preliminary designs are in place for conventional septic systems serving the proposed buildings.
The property has over 1,100 feet of paved road frontage along FM 2484. Water meters are reserved for five additional buildings, and soil testing and preliminary designs are in place for conventional septic systems serving the proposed buildings.
Key Highlights
- 5.78 unrestricted acres with two buildings completed in 2025
- 8,000 square feet of insulated warehouse and office space
- 6,000 square feet leased; 2,000 square feet available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,956
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,959,120
$2.0M
Cap Rate 7%
$1,399,371
$1.4M
Cap Rate 9%
$1,088,400
$1.1M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$160.3K $20.04/SF
− Vacancy
−$9.6K −$1.20/SF
EGI
$150.7K $18.84/SF
− OpEx
−$52.7K −$6.59/SF
NOI
$98.0K $12.24/SF
Area
Bell County, TX
Vacancy
6.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,959,120
Cap Rate 7%
$1,399,371
Cap Rate 9%
$1,088,400
Alternative Uses
Best Use
Flex RnD
$1.40M
$1.22M – $1.63M
NOI $97,956 @ 7.0% cap · market cap 4.17%
Second Best
Mixed Use
$1.16M
$1.01M – $1.35M
NOI $81,000 @ 7.0% cap · market cap 3.45%
Theoretical Best
Multifamily LT 5
$89.31M
$78.15M – $104.19M
NOI $6,251,616 @ 7.0% cap · market cap 266.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Business Placement
Demographics for 76571, TX
8,937
Population
3,742
Households
2.4
Avg Household Size
45
Median Age
41%
College-Educated
94%
High-School Grad
125.0 sq mi
ZIP Area
71
Density / Sq Mi
$103,341
Median Household Income
$55,545
Median Earnings
$1,172
Median Rent
$395,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Insulated space is divided for three occupants, with shop areas, offices, and restrooms.
Where is this mixed-use property located?
The property is located at 6284 Fm 2484 Salado, TX.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 5.78 unrestricted acres with two buildings completed in 2025; 8,000 square feet of insulated warehouse and office space; 6,000 square feet leased; 2,000 square feet available
