Retail
For Sale
Contact for pricing
711 W Hallmark Avenue 200, Killeen, TX 76541
Former barber shop space is located on West Hallmark Avenue in Killeen.
Property Size1,100 SF
Price / SF$1.36
Days on Market91
Property Features for 711 W Hallmark Avenue 200
General Information
Standard status
Active
Size
1,100 SF
Property subtype
CommercialLease
Listing Agency:
Cloud Real Estate
(254) 690-3311
Listed By:
Deborah Beene · License #0402164
(254) 289-1281
Source:
Cornerstone-properties
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 16 at 8:41AM
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 Cloud Real Estate
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Investment Insights
Based on property information with market context.
This 1,100-square-foot retail suite at 711 W Hallmark Avenue, Suite 200, in Killeen was formerly used as a barber shop. The property provides a defined commercial space for retail-oriented operations, with its prior shop use offering relevant context for prospective occupants or purchasers.
Key Highlights
- 1,100‑square‑foot retail suite
- Formerly operated as a barber shop
- Located at 711 W Hallmark Avenue, Suite 200, Killeen, TX 76541
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,084
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,680
$261.7K
Cap Rate 7%
$186,914
$186.9K
Cap Rate 9%
$145,378
$145.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$19.8K $18.00/SF
− Vacancy
−$1.1K −$1.01/SF
EGI
$18.7K $16.99/SF
− OpEx
−$5.6K −$5.10/SF
NOI
$13.1K $11.89/SF
Area
Killeen, TX
Vacancy
5.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,680
Cap Rate 7%
$186,914
Cap Rate 9%
$145,378
Alternative Uses
Best Use
Retail
$186.9K
$163.6K – $218.1K
NOI $13,084 @ 7.0% cap · market cap 872.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$264.2K
$231.2K – $308.3K
NOI $18,495 @ 7.0% cap · market cap 1,233.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Explore this area
Business Placement
Demographics for 76541, TX
19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Former barber shop space is located on West Hallmark Avenue in Killeen.
Where is this retail space located?
The property is located at 711 W Hallmark Avenue 200 Killeen, TX.
What are key features of this property?
This property features: 1,100‑square‑foot retail suite; Formerly operated as a barber shop; Located at 711 W Hallmark Avenue, Suite 200, Killeen, TX 76541
