Retail Space For
1217 Highway 95 North Flatonia, TX 78941
For Sale
Contact for pricing
Retail space available for purchase, possible owner financing.
Property Size3,400 SF
Price / SF$382.06
Days on Market1023
Property Features for 1217 Highway 95 North
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Property subtype
- Retail
Listing Agency:
Texas Commercial Real Estate Services
(713) 824-3799
Listed By:
Doug Larson · License #TX
Source:
Crexi
Added: Oct 6, 2023
Changed: Jul 6
Last Checked: Jul 23 at 4:16PM
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 Texas Commercial Real Estate Services
Investment Insights
Based on property information with market context.
A 3,400-square-foot retail space is available for purchase. The seller is motivated and open to offers, with possible owner financing available.
Key Highlights
- Possible owner financing available
- Motivated seller, bring offers
- For sale
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 | $69.8k | $20.52 |
| − Vacancy | −$4.0k | −$1.17 |
| EGI | $65.8k | $19.35 |
| − OpEx | −$19.7k | −$5.81 |
| NOI | $46.1k | $13.55 |
3,400 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$657.9K
$575.7K – $767.6K
NOI $46,054 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$38.12M
$33.35M – $44.47M
NOI $2,668,332 @ 7.0% cap · market cap 205.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Primo Water Refill
Big Box & Wholesale Store
ATM
Atm
SUPER TRAVEL CENTER
Parking Lot & Garage
FAQs
What type of property is this?
Retail space - Retail space available for purchase, possible owner financing.
Where is this retail space located?
The property is located at 1217 Highway 95 North Flatonia, TX.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Possible owner financing available; Motivated seller, bring offers; For sale
