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    Modern Commercial Fitness Center Opportunity Title is generated by Realmo AI

    9489 Slovacek Road, Snook, TX 77879

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    Claim this Listing
    For Sale
    $1,975,000

    COMMERCIAL - Snook, TX

    Property size:
    10,150 SF
    Lot size:
    1.90 Acres
    Price / SF:
    $194/SF
    Added:
    Mar 18, 2026
    Days on Market:
    60
    Last Refresh:
    May 16 at 7:06 pm

    Property Features for 9489 Slovacek Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Burleson
    Parking
    50
    Standard status
    Active
    APN
    9489 Slovacek Road 603
    Size
    10,150 SF
    Lot size
    1.90 Acres

    Building Details

    Year built
    2022
    Flooring type
    Tile, Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Charles Shears

    Listing agent Charles Shears

    Listing office Real Broker, LLC 2626 Cole Avenue, Dallas, TX

    Listing date Mar 18, 2026

    MLS# 26004271

    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.

    HighLights

    • Turnkey commercial investment opportunity includes real estate, established Fantasy Fitness business, and all equipment.
    • Modern 10,150 SF metal building constructed in 2022 with durable sloped metal roof.
    • Located on 1.90 acres (82,851 SF) with ample parking.
    • Features approximately 9,000 SF of first‑floor retail/fitness space, plus 400 SF office and 750 SF flex/retail area on the second floor.
    • Serviced by public water and sewer.
    • Flexibility to continue existing fitness business or reposition for alternative commercial uses.

    Overview

    Located at 9489 Slovacek Road in Snook, TX, this commercial property presents an investment opportunity. The 1.90-acre (82,851 SF) site features a 10,150 SF metal building constructed in 2022. Currently operating as Fantasy Fitness, the offering includes the real estate, the established business, and all on-site equipment. The building includes approximately 9,000 SF of first-floor retail and fitness center space. The second floor provides 400 SF of office space and an additional 750 SF of flex/retail area. Constructed with a sloped metal roof system, the improvements are of quality construction and remain in good overall condition. The site is serviced by public water and sewer and includes ample parking with minimal landscaping. The current fitness center operation provides a turnkey opportunity for an owner-operator or investor seeking immediate cash flow, with the flexibility to continue the existing business or reposition the property for alternative commercial uses. The property has potential for expansion with an already loyal and present community.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $1.48M
    NOI $133,485 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.91M
    NOI $133,485 @ 7.00% cap · market / base-case scenario
    Aggressive
    $2.67M
    NOI $133,485 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $213.2k $21.00
    − Vacancy −$35.2k −$3.47
    EGI $178.0k $17.54
    − OpEx −$44.5k −$4.38
    NOI $133.5k $13.15
    10,150 SF · lease $21.00/SF/yr · vacancy 16.50% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $1.91M
    $1.67M – $2.22M (±1% cap)
    NOI $133,485 @ 7.0% cap · market cap 6.76%
    Second Best
    Retail
    $1.57M
    $1.37M – $1.83M (±1% cap)
    NOI $109,815 @ 7.0% cap · market cap 5.56%
    Theoretical Best
    Office A
    $2.50M
    $2.19M – $2.92M (±1% cap)
    NOI $174,954 @ 7.0% cap · market cap 8.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Similar Places Nearby

    • Fantasy Fitness — 9489 Slovacek Rd, Somerville, TX 77879

    Map

    City
    Snook
    County
    Burleson
    State
    Texas
    Longitude
    -96.477256
    Latitude
    30.493055

    FAQs

    What type of property is this?
    Fitness center & gym - Turnkey fitness business with real estate and equipment included.
    Where is this fitness center & gym located?
    The property is located at 9489 Slovacek Road Snook, TX.
    What is the asking price?
    The asking price for this property is $1,975,000.
    What are key features of this property?
    This property features: Turnkey commercial investment opportunity includes real estate, established Fantasy Fitness business, and all equipment.; Modern 10,150 SF metal building constructed in 2022 with durable sloped metal roof.; Located on 1.90 acres (82,851 SF) with ample parking.
    (855) 450-0442
    We can help!
    Listing Contact
    Charles Shears
    Learn More
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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
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