Flex Space Building with Shop
For Sale
$187,000
910 Wheelock St Farm To Market Road, Franklin, TX 77856
Commercial, Franklin, TX
Property Size1,700 SF
Lot Size0.52 Acres
Price / SF$110
Days on Market302
Property Features for 910 Wheelock St Farm To Market Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Robertson
Lot features
Fencing, Yard Area
Elementary school district
Franklin
Middle school district
Franklin
High school district
Franklin
Directions
As you come into Franklin on FM 46, property will be immediately on the right, directly across the street from the County Barn
Standard status
Active
APN
910 Wheelock St 202
Size
1,700 SF
Lot size
0.52 Acres
Amenities
restroom
office
spray foam insulation
Building Details
Flooring type
Concrete
Listing Agency:
Captiva Realty
(979) 324-4363
Listed By:
Steve Cox · License #0527847
(979) 450-1338
Added: Dec 10, 2025
Changed: Sep 5
Last Checked: Oct 8 at 8:06AM
MLS# 25012847
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,700-square-foot flex building in Franklin is constructed with a metal exterior, wood framing, and a concrete slab. Spray foam insulation extends throughout the building. The interior includes a restroom and a small office area, while concrete flooring supports practical commercial use. Previous uses included automotive repair and woodworking, providing a documented shop-oriented configuration without limiting the property to those applications.
The site fronts FM 46 and has 150 feet of frontage with a depth of 135 feet. City of Franklin water and sewer serve the property, and it is located within Franklin ISD. The building and site offer a straightforward commercial setup for a business requiring enclosed workspace and basic support areas.
The site fronts FM 46 and has 150 feet of frontage with a depth of 135 feet. City of Franklin water and sewer serve the property, and it is located within Franklin ISD. The building and site offer a straightforward commercial setup for a business requiring enclosed workspace and basic support areas.
Key Highlights
- 1,700‑square‑foot flex building on a concrete slab
- 150 feet of frontage on FM 46
- 135‑foot lot depth
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,415
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,300
$308.3K
Cap Rate 7%
$220,214
$220.2K
Cap Rate 9%
$171,278
$171.3K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$25.5K $15.00/SF
− Vacancy
−$1.8K −$1.05/SF
EGI
$23.7K $13.95/SF
− OpEx
−$8.3K −$4.88/SF
NOI
$15.4K $9.07/SF
Area
Robertson County, TX
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,300
Cap Rate 7%
$220,214
Cap Rate 9%
$171,278
Alternative Uses
Best Use
Retail
$262.8K
$229.9K – $306.6K
NOI $18,393 @ 7.0% cap · market cap 9.84%
Second Best
Flex RnD
$220.2K
$192.7K – $256.9K
NOI $15,415 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$418.6K
$366.3K – $488.4K
NOI $29,303 @ 7.0% cap · market cap 15.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77856, TX
5,170
Population
2,642
Households
2
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
372.7 sq mi
ZIP Area
14
Density / Sq Mi
$90,889
Median Household Income
$47,207
Median Earnings
$919
Median Rent
$245,900
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
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Frequently Asked Questions
What type of property is this?
Flex space - Metal-sided commercial building with restroom, former office area, spray foam insulation, and city water and sewer service.
Where is this flex space located?
The property is located at 910 Wheelock St Farm To Market Road Franklin, TX.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: 1,700‑square‑foot flex building on a concrete slab; 150 feet of frontage on FM 46; 135‑foot lot depth
