Retail/Office Space For
For Sale
$950,000
775 Indian Trail 100-400, Harker Heights, TX 76548
Retail/office property with high visibility and good parking.
Property Size5,317 SF
Lot Size1.23 Acres
Price / SF$178.67
Days on Market874
Property Features for 775 Indian Trail 100-400
General Information
Standard status
Active
Size
5,317 SF
Lot size
1.23 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1994
Listing Agency:
Jim Wright Company
(254) 289-3145
Listed By:
Jim Wright · License #0181945
(254) 289-3145
Source:
Exitrealty
Added: Mar 11, 2024
Changed: Jul 10
Last Checked: Jul 31 at 7:26AM
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 Jim Wright Company
Investment Insights
Based on property information with market context.
This commercial property offers visibility and access off Indian Trail, situated less than two blocks from I-14. It features off-street parking in both the front and back of the building. The property, available for sale, includes one suite that is also available for lease. The vacant suite provides 1,000 square feet of space.
Key Highlights
- Excellent visibility and access on Indian Trail, near I‑14.
- Available suite for lease: 1,000 s.f.
- Lease rate: $1.50 psf base rent + $0.45 psf NNN (approximately $1,950.00/month).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.1k | $20.52 |
| − Vacancy | −$6.2k | −$1.17 |
| EGI | $102.9k | $19.35 |
| − OpEx | −$30.9k | −$5.81 |
| NOI | $72.0k | $13.55 |
5,317 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.03M
$900.3K – $1.20M
NOI $72,020 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$59.36M
$51.94M – $69.25M
NOI $4,154,980 @ 7.0% cap · market cap 437.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,119 visits/mo
0.5 miles
Demographics for 76548, TX
32,714
Population
12,657
Households
2.6
Avg Household Size
34
Median Age
32%
College-Educated
93%
High-School Grad
16.1 sq mi
ZIP Area
2,032
Density / Sq Mi
$80,847
Median Household Income
$44,090
Median Earnings
$1,113
Median Rent
$268,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail/office property with high visibility and good parking.
Where is this retail space located?
The property is located at 775 Indian Trail 100-400 Harker Heights, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Excellent visibility and access on Indian Trail, near I‑14.; Available suite for lease: **1,000 s.f.**; Lease rate: $1.50 psf base rent + $0.45 psf NNN (approximately $1,950.00/month).
