Flex Space with
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For Sale
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6604 N State Highway 6, Woodway, TX 76712
Office and display areas pair with warehouse space served by grade-level overhead doors.
Property Size5,500 SF
Price / SF$1.16
Days on Market2
Property Features for 6604 N State Highway 6
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Retail
Building Details
Year Built
2005
Listing Agency:
Momentus Real Estate Group
Listed By:
Maureen Cappallo
(682) 223-1347
Source:
Momentusrealestategroup
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 1:54AM
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 Momentus Real Estate Group
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Investment Insights
Based on property information with market context.
This 5,500-square-foot flex property, built in 2005, combines 2,900 square feet of office-showroom space with 2,600 square feet of warehouse area. Grade-level overhead doors serve the warehouse, and the layout brings office, display, and storage functions together under one roof.
The property fronts N State Highway 6 in Woodway, with access from the highway.
The property fronts N State Highway 6 in Woodway, with access from the highway.
Key Highlights
- 5,500 SF total, including 2,900 SF of office‑showroom space and 2,600 SF of warehouse
- Warehouse has grade‑level overhead doors
- Frontage on N State Highway 6 in Woodway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,994
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,880
$559.9K
Cap Rate 7%
$399,914
$399.9K
Cap Rate 9%
$311,044
$311.0K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$42.7K $7.76/SF
− Vacancy
−$2.7K −$0.49/SF
EGI
$40.0K $7.27/SF
− OpEx
−$12.0K −$2.18/SF
NOI
$28.0K $5.09/SF
Area
McLennan County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,880
Cap Rate 7%
$399,914
Cap Rate 9%
$311,044
Alternative Uses
Best Use
Retail
$1.06M
$931.2K – $1.24M
NOI $74,499 @ 7.0% cap · market cap 1,169.53%
Second Best
Flex RnD
$563.8K
$493.4K – $657.8K
NOI $39,468 @ 7.0% cap · market cap 619.59%
Theoretical Best
Multifamily LT 5
$68.52M
$59.95M – $79.94M
NOI $4,796,159 @ 7.0% cap · market cap 75,292.92%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 76712, TX
27,800
Population
11,704
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
96%
High-School Grad
52.4 sq mi
ZIP Area
531
Density / Sq Mi
$96,267
Median Household Income
$56,879
Median Earnings
$1,333
Median Rent
$302,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and display areas pair with warehouse space served by grade-level overhead doors.
Where is this flex space located?
The property is located at 6604 N State Highway 6 Woodway, TX.
What are key features of this property?
This property features: 5,500 SF total, including 2,900 SF of office‑showroom space and 2,600 SF of warehouse; Warehouse has grade‑level overhead doors; Frontage on N State Highway 6 in Woodway
