Multi-Tenant Flex
New
For Sale
$2,350,000
6284 Fm 2484, Salado, TX 76571
CommercialSale, Salado, TX
Property Size8,000 SF
Lot Size5.79 Acres
Price / SF$293.75
Days on Market3
Property Features for 6284 Fm 2484
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Parking features
Driveway
Lot features
Five To Ten Acres, Corner Lot, Level, Outside City Limits, Open Lot
Elementary school district
Salado ISD
Middle school district
Salado ISD
High school district
Salado ISD
Directions
From I-35 West on FM 2484 aprox 2.6 miles, right on Brewer Rd, turn left into the property.
Standard status
Active
APN
72400
Size
8,000 SF
Lot size
5.79 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
A0024BC W ALLEN, 6-6, ACRES 5.786
Tax Annual Amount
13932
Legal Description
A0024BC W ALLEN, 6-6, ACRES 5.786
Utilities
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
2025
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame, MetalSiding
Roof type
Metal
Listing Agency:
Century 21 Bill Bartlett · Century 21 Real Estate
(254) 947-5050
Listed By:
Paul Schoenrock · License #0551463
(254) 721-8778
Added: Oct 16
Last Checked: Oct 18 at 7:06PM
MLS# 627778
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.
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Investment Insights
Based on property information with market context.
Two metal-frame buildings provide 8,000 square feet of insulated flex space on 5.786 acres. The property is configured for three separate tenants, with shop areas, office space, restrooms, and 14-foot overhead doors. Concrete flooring, metal siding, a metal roof, and driveway parking are among the existing features. Construction is listed as under way, with a 2025 year built.
A total of 6,000 square feet is leased, while 2,000 square feet is available. More than 1,100 feet of paved road frontage serves the site. Public water and septic service are in place; water meters are reserved for five additional buildings, and soil testing and preliminary designs have been completed for added conventional septic systems.
A total of 6,000 square feet is leased, while 2,000 square feet is available. More than 1,100 feet of paved road frontage serves the site. Public water and septic service are in place; water meters are reserved for five additional buildings, and soil testing and preliminary designs have been completed for added conventional septic systems.
Key Highlights
- 5.786 acres with more than 1,100 feet of paved road frontage
- Two buildings totaling 8,000 square feet of insulated space
- Three‑tenant layout with shop areas, offices, and restrooms
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
—
—
no second resolved use
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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Property Analytics
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Open Analytics
Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Three-tenant configuration pairs shop areas with office space and restrooms.
Where is this flex space 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: 5.786 acres with more than 1,100 feet of paved road frontage; Two buildings totaling 8,000 square feet of insulated space; Three‑tenant layout with shop areas, offices, and restrooms
