Commercial Property on Indian
For Sale
$950,000
775 Indian Trl 100-400, Harker Heights, TX 76548
Commercial property with high visibility and access, fully occupied.
Property Size5,317 SF
Lot Size1.23 Acres
Days on Market219
Property Features for 775 Indian Trl 100-400
General Information
Standard status
Active
Size
5,317 SF
Lot size
1.23 Acres
Property subtype
Commercial
Building Details
Building Size
5,317 SF
Year Built
1994
Stories
1
Listing Agency:
Jim Wright Company
Listed By:
Jim Wright · License #0181945
(254) 289-3145
Source:
Elliman
Added: Mar 10
Changed: Oct 14
Last Checked: Oct 12 at 8:29PM
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 high visibility and convenient 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 is currently 100% occupied, with the tenant responsible for covering water and electricity expenses. This property is suitable for commercial real estate and storefront purposes.
Key Highlights
- Great visibility and access off Indian Trail
- Less than two blocks from I‑14
- Reduced sales price of $950,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,020
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,400
$1.4M
Cap Rate 7%
$1,028,857
$1.0M
Cap Rate 9%
$800,222
$800.2K
Market Conditions
NOI Build-Up for 5,317 SF
Gross rent
$109.1K $20.52/SF
− Vacancy
−$6.2K −$1.17/SF
EGI
$102.9K $19.35/SF
− OpEx
−$30.9K −$5.81/SF
NOI
$72.0K $13.55/SF
Area
Bell County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,440,400
Cap Rate 7%
$1,028,857
Cap Rate 9%
$800,222
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 23%
Electronics 2%
Home Improvements & Furnishings 1%
H-E-B Fuel
Shops & Services
20,855 visits/mo
0.1 miles
SONIC Drive In
Dining
13,934 visits/mo
0.2 miles
Mobil
Shops & Services
8,819 visits/mo
0.1 miles
CEFCO
Shops & Services
6,826 visits/mo
0.1 miles
AutoZone
Shops & Services
4,434 visits/mo
0.1 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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property with high visibility and access, fully occupied.
Where is this storefront property located?
The property is located at 775 Indian Trl 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: Great visibility and access off Indian Trail; Less than two blocks from I‑14; Reduced sales price of $950,000
