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    990 Marlandwood Rd Temple, TX 76502

    For Sale
    $800,000

    Profitable Temple, TX office building for sale.

    Property size:
    3,236 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional two-story, 3,236 square foot Class B office building is situated on a 0.726-acre lot at 990 Marlandwood Rd, Temple, TX 76502. Currently 100% occupied with a single tenant under a NNN lease expiring January 1, 2024, generating a Net Operating Income (NOI) of $4,400. The asking price is $800,000, translating to $247.22 per square foot. The property features ample parking and is conveniently located near major retailers including Walmart, Sam's Club, Lowe's, and Academy Sports, offering excellent accessibility and visibility. Zoned for Office and Retail use, this building presents a strong investment opportunity with its established tenancy and prime location in a thriving commercial area of Bell County. The property includes one building with two stories and is identified by APN 318184. This is a single-unit property offering immediate income potential. The building's convenient location provides easy access to a wide range of amenities and services, making it an attractive option for businesses seeking a strategic location in Temple, Texas. This turnkey operation requires minimal effort to maintain its current income stream.

    Property Features for 990 Marlandwood Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,236 SF
    Class
    B
    Lot Size
    31,625 SF

    Building Details

    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $800,000 asking price for a 3,236 SF Class B office building.
    • NNN lease, single tenant, 100% occupancy since January 1, 2024.
    • $247.22/SF price, generating $4,400 NOI.
    • Located on 0.726 acres at 990 Marlandwood Rd, Temple, TX 76502 (APN 318184).
    • Two‑story building with Office/Retail zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    State Farm Insurance Insurance Agency Heart to Heart Hospice Hospice

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.364140011436
    Latitude
    31.062120249342

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    FAQs

    What type of property is this?
    Office Property Space - Profitable Temple, TX office building for sale.
    Where is this office property space located?
    The property is located at 990 Marlandwood Rd Temple, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: $800,000 asking price for a 3,236 SF Class B office building.; NNN lease, single tenant, 100% occupancy since January 1, 2024.; $247.22/SF price, generating $4,400 NOI.
    (254) 773-4901
    Request Owner's contact information
    990 Marlandwood Rd Temple, TX 76502
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    Temple, TX 76502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    990 Marlandwood Rd Temple, TX 76502
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