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Flexible Commercial Building with Bay Doors
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821 Main Street, Belton, TX 76513

Adaptable commercial space with storefront presentation, drive-in access, covered parking, and a fenced side area.

Property Size1,935 SF
Price / SF$180.88
Days on Market6

Property Features for 821 Main Street

General Information

Standard status Active
Size 1,935 SF
Class C
Property subtype Retail, Office, Industrial
Zoning CH- Commercial Highway

Building Details

Year Built 1985
Units 1
Listing Agency: Colt Real Estate Group
Listed By: James Switzer · License #707502
Source: Crexi
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 3 at 7:31AM

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 Colt Real Estate Group

Investment Insights

Based on property information with market context.

This 1,935-square-foot flex space, built in 1985, combines a storefront entrance with a large display window and a dedicated reception or office area. Multiple drive-in garage doors support loading and service functions, while concrete floors and separate work and storage areas provide a practical operating layout. The interior can accommodate varied room configurations.

The property is positioned on Main Street in Belton, minutes from UMHB and downtown. Zoning is CH—Commercial Highway. Exterior features include front parking beneath a covered canopy and a fenced side area. The configuration supports retail, office, light industrial, auto or service, workshop, contractor, and e-commerce or warehousing uses identified in the property information.

Key Highlights

  • 1,935‑square‑foot flex space built in 1985
  • CH—Commercial Highway zoning
  • Multiple drive‑in garage doors for loading or service access

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 $39.7k $20.52
− Vacancy −$2.3k −$1.17
EGI $37.4k $19.35
− OpEx −$11.2k −$5.81
NOI $26.2k $13.55
1,935 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Office B
$462.4K
$404.6K – $539.5K (±1% cap)
NOI $32,367 @ 7.0% cap · market cap 9.25%
Second Best
Retail
$374.4K
$327.6K – $436.8K (±1% cap)
NOI $26,210 @ 7.0% cap · market cap 7.49%
Theoretical Best
Multifamily LT 5
$21.60M
$18.90M – $25.20M (±1% cap)
NOI $1,512,110 @ 7.0% cap · market cap 432.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
Balanced
Demand for This Use

Demographics for 76513, TX

43,698
Population
16,004
Households
2.7
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
108.3 sq mi
ZIP Area
403
Density / Sq Mi
$82,366
Median Household Income
$38,428
Median Earnings
$1,216
Median Rent
$260,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Adaptable commercial space with storefront presentation, drive-in access, covered parking, and a fenced side area.
Where is this flex space located?
The property is located at 821 Main Street Belton, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,935‑square‑foot flex space built in 1985; CH—Commercial Highway zoning; Multiple drive‑in garage doors for loading or service access
(254) 289-7163 Call to check price and availability
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