Metal-Sided Flex
910 Wheelock St, Franklin, TX 77856
For Sale
$187,000
CommercialSale, Franklin, TX
Property Size1,700 SF
Lot Size0.52 Acres
Price / SF$110
Days on Market337
Property Features for 910 Wheelock St
General Information
Property type
Property subtype
Middle school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Taxes and HOA fees
Tax Description
Legal Description
Amenities
restroom
office
Building Details
Flooring type
Building materials
Buildings
Listing Agency:
Captiva Realty
(979) 324-4363
Listed By:
Steve Cox · License TX #0527847
(979) 450-1338
Added: Dec 10, 2025
Changed: Nov 9
Last Checked: Nov 11 at 1:06AM
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.
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Investment Insights
Based on property information with market context.
This 1,700-square-foot flex building has a wood frame, metal siding, and a concrete slab. Interior features include a restroom, a small area previously used as an office, and spray foam insulation throughout. The property has previously housed an auto repair shop and a woodworking shop.
The lot fronts 150 feet on FM 46 and measures 135 feet deep. City of Franklin water and sewer serve the property, which is located in Franklin ISD.
The lot fronts 150 feet on FM 46 and measures 135 feet deep. City of Franklin water and sewer serve the property, which is located in Franklin ISD.
Key Highlights
- 1,700‑square‑foot building on a concrete slab
- 150 feet of frontage on FM 46; lot is 135 feet deep
- Spray foam insulation throughout the wood‑framed building
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
Flex RnD
$220.2K
$192.7K – $256.9K
NOI $15,415 @ 7.0% cap · market cap 8.24%
Second Best
Industrial
$163.9K
$143.4K – $191.2K
NOI $11,470 @ 7.0% cap · market cap 6.13%
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
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
Frequently Asked Questions
What type of property is this?
Flex space - The building includes a restroom, a former office area, and spray foam insulation throughout.
Where is this flex space located?
The property is located at 910 Wheelock St 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 building on a concrete slab; 150 feet of frontage on FM 46; lot is 135 feet deep; Spray foam insulation throughout the wood‑framed building
