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10154 Windy Pointe Dr Temple, TX 76502
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Modern, turnkey office suites available.
Lot size:
4,629 SF
Description
Added:
Dec 11, 2024
Days on Market:
409
This exceptional 4,629 square foot office building, constructed in 2023, offers two beautifully finished suites in Temple, Texas. Located at 10154 Windy Pointe Dr, 76502, this property presents a unique opportunity for businesses seeking flexible and high-quality space. The building boasts a total of 31 parking spaces, ensuring ample convenience for employees and clients. Two suites are available, offering a range of sizes to accommodate various needs. Suite 110 encompasses 3,353 square feet, while Suite 120 offers 1,276 square feet. Importantly, these suites can be combined to provide a contiguous space of up to 4,629 square feet, making it ideal for expanding businesses or those requiring larger footprints. Both suites feature a turnkey finish-out, including architectural lighting, storefront glass in offices, attractive paint-grade wood cabinets, granite countertops, and paint-grade wood doors with full light. Carpet is installed in the offices, while vinyl plank and tile flooring graces the common areas. Suite 110's comprehensive layout includes a lobby, reception office, conference room, six large private offices, a work area, janitorial closet, storage closets, a break room, and two restrooms. Suite 120 provides a lobby, reception area, three offices, a janitorial closet, a break room, and one restroom. This property represents a rare opportunity to secure modern, well-appointed office space in a desirable Temple location. The building's contemporary design and high-quality finishes create a professional and inviting atmosphere. Contact us today to schedule a viewing.
Property Features for 10154 Windy Pointe Dr
General Information
Property type
Office Properties & Spaces
Lease Type
Gross Lease
RSF (Rentable sq. ft)
4,629 SF
Building Details
Year Built
2023
Unit(s) available at that property
Space
Suite 110
Size
4,629 SF
Space
Suite 120
Size
4,629 SF
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Listing Contact
Parker Helmig
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Property Insight Report
HighLights
New 2023 construction, 4,629 SF office building in Temple, TX.
Located at 10154 Windy Pointe Dr, 76502.
31 parking spaces.
Two suites available: Suite 110 (3,353 SF) and Suite 120 (1,276 SF), combinable for up to 4,629 SF.
Turnkey finishes including granite countertops, wood cabinets, and modern flooring.
Office Property Space - Modern, turnkey office suites available.
Where is this office property space located?
The property is located at 10154 Windy Pointe Dr Temple, TX.
What are key features of this property?
This property features: New 2023 construction, 4,629 SF office building in Temple, TX.; Located at 10154 Windy Pointe Dr, 76502.; 31 parking spaces.
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10154 Windy Pointe Dr Temple, TX 76502
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Realmo Value Estimations
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.
Realmo CapRate Calculation
Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.
How We Calculate Cap Rate
Cap Rate Formula: Cap Rate (%) = (Net Operating Income / Property Value) × 100
Net Operating Income (NOI) Formula: NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)
Components
Net Operating Income (NOI) represents the annual income a property generates after operating expenses:
Area: Building square footage from property records
Lease Rate: Annual $/sqft based on market data for the property type and geographic location
Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
Operating Expense Ratio: Operating costs as a percentage of income, varies by property type
Property Value is derived from:
Recent sale price (if available)
Statistical models using comparable sales
AI-powered valuation estimates
Example Calculation
For a 100,000 sqft Office Building:
Lease Rate: $25.00/sqft/year (market data for Office in this area)
Vacancy Rate: 8% (market data for Office in this area)
Operating Expense Ratio: 35% (typical for Office properties)
Property Value: $15,000,000
Step 1: Calculate NOI
NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35) NOI = 100,000 × $25.00 × 0.92 × 0.65 NOI = $1,495,000/year
Step 2: Calculate Cap Rate
Cap Rate = ($1,495,000 / $15,000,000) × 100 Cap Rate = 9.97%
Property Type Considerations
Net Operating Income calculations vary by property type due to different operating expense ratios:
Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
Retail: Moderate expenses (25-35%) for common area maintenance
Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
Multifamily: Moderate expenses (35-45%) including property management
Self-Storage: Lower expenses (25-35%) due to minimal maintenance
Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.
Disclaimer
These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.
Cap Rate calculations depend on market data that may change over time
Actual operating expenses, lease rates, and vacancy rates may differ from market averages
Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
Property value estimates are approximations and not official appraisals
Cap rates vary widely by market, property condition, and investment risk profile
Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.
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.
Stat Estimate
This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.
Ranges - area data calculated by industry standard IQR Outlier Removal Method
Range-from: 75% of all similar sales ($/sqft) are above this value
Range-to: 75% of all similar sales ($/sqft) are below this value
AI Estimate
This method estimates value based on AI market estimation of comparable properties around by location and property type.
Ranges - area data calculated by industry standard IQR Outlier Removal Method
Range-from: 75% of all estimations ($/sqft) are above this value
Range-to: 75% of all estimations ($/sqft) are below this value
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
10154 Windy Pointe Dr Temple, TX 76502
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10154 Windy Pointe Dr, Temple, TX
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10154 Windy Pointe Dr, Temple, TX
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10154 Windy Pointe Dr, Temple, TX
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