New Construction Flex
For Sale
$599,000
6854 Old Lorena Rd, Lorena, TX 76655
New-construction flex space with roll-up access, an office, and a bathroom.
Property Size5,576 SF
Price / SF$107.42
Days on Market60
Property Features for 6854 Old Lorena Rd
General Information
Standard status
Active
Size
5,576 SF
Additional Details
Road Access
Yes
Building Details
Year Built
2024
Listing Agency:
Kelly, Realtors
Listed By:
Nathan Embry · License #668380
(254) 741-1500
Source:
Minteerteam
Added: Aug 18
Changed: Sep 14
Last Checked: Oct 7 at 4:56PM
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 Kelly, Realtors
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Investment Insights
Based on property information with market context.
This flex property at 6854 Old Lorena Rd includes 5,576 square feet of space, two 10x10 ft roll-up doors, one office, and one bathroom. The building was constructed in 2024, providing a recently completed commercial facility with a combination of work and administrative areas.
The property is in Lorena, Texas, along Old Lorena Road and minutes from IH-35, providing access to the regional highway network.
The property is in Lorena, Texas, along Old Lorena Road and minutes from IH-35, providing access to the regional highway network.
Key Highlights
- 5,576‑square‑foot flex property
- Built in 2024
- Two 10x10 ft roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,013
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,260
$800.3K
Cap Rate 7%
$571,614
$571.6K
Cap Rate 9%
$444,589
$444.6K
Market Conditions
NOI Build-Up for 5,576 SF
Gross rent
$66.9K $12.00/SF
− Vacancy
−$5.4K −$0.96/SF
EGI
$61.6K $11.04/SF
− OpEx
−$21.5K −$3.86/SF
NOI
$40.0K $7.18/SF
Area
McLennan County, TX
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,260
Cap Rate 7%
$571,614
Cap Rate 9%
$444,589
Alternative Uses
Best Use
Flex RnD
$571.6K
$500.2K – $666.9K
NOI $40,013 @ 7.0% cap · market cap 6.68%
Second Best
Warehouse
$492.3K
$430.8K – $574.4K
NOI $34,462 @ 7.0% cap · market cap 5.75%
Theoretical Best
Multifamily LT 5
$69.46M
$60.78M – $81.04M
NOI $4,862,433 @ 7.0% cap · market cap 811.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76655, TX
10,227
Population
3,478
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
97%
High-School Grad
77.7 sq mi
ZIP Area
132
Density / Sq Mi
$106,012
Median Household Income
$54,812
Median Earnings
$967
Median Rent
$294,600
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 - New-construction flex space with roll-up access, an office, and a bathroom.
Where is this flex space located?
The property is located at 6854 Old Lorena Rd Lorena, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5,576‑square‑foot flex property; Built in 2024; Two 10x10 ft roll‑up doors
