Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    96-132 Cove Terrace Shopping Ctr Copperas Cove, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available near Fort Hood Army Base.

    Type:RETAIL
    Property size:
    600 SF
    Lot size:
    12.87 Acres
    Added:
    Apr 11, 2025
    Days on Market:
    379
    Last Refresh:
    Apr 5 at 9:50 pm

    Property Features for 96-132 Cove Terrace Shopping Ctr

    General Information

    Standard status
    Active
    Size
    600 SF
    Lot size
    12.87 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 96-132 Cove Terrace Shopping Ctr Contact us

    We can help!

    Listing Contact
    Jennie Snelling

    Listing agent Jennie Snelling

    Listing office Quine & Associates, Inc.

    Listing date Apr 11, 2025

    Source Moodyscre

    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 Quine & Associates, Inc.

    Overview

    Retail Space Near Fort Hood

    This retail space is located between Business Highway 190 and East Avenue D, approximately 6 miles from Fort Hood Army Base. The gross leasable area of the shopping center is approximately 153,666 square feet. The property is located in an area with an average household income of $77,306 within a 3-mile radius, and a population of 38,113 people within the same radius. The available space is 600 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Coin Cloud Bitcoin ATM — 214 Cove Terrace Shopping Center, Copperas Cove, TX 76522
    • Coin Cloud Bitcoin ATM — 1543 us-190 bus, copperas cove, tx 76522

    Location Insight

    • Map
    • Local Demand
    City
    Copperas Cove
    County
    Coryell
    State
    Texas
    Longitude
    -97.9001
    Latitude
    31.1186

    Nearby Similar for Lease

    • $1,925/Mo

      Remodeled Retail Suite Available

      Recently remodeled retail suite ready for immediate occupancy.
      1541 E Business 190, Copperas Cove, TX 76522
      View Details
    • $995/Mo

      Versatile Commercial Space in Copperas Cove

      Flexible retail space in downtown Copperas Cove with private backyard.
      216 S Main Street, Copperas Cove, TX 76522
      View Details
    • $750/Mo

      Downtown Copperas Cove Office Space

      Prime office space for rent in downtown Copperas Cove.
      508 S Main Street, Copperas Cove, TX 76522
      View Details
    • $1,302/Mo

      Remodeled Retail Suite For Rent

      Recently remodeled 1,200 square foot retail suite for lease.
      1539 E Business 190 Highway, Copperas Cove, TX 76522
      View Details
    • $9 SF/Yr

      Medical Office Space Available

      Medical office space with pediatric, x-ray, and pharmacy areas.
      815 E Business 190, Copperas Cove, TX
      View Details
    • $3,250/Mo

      Former Daycare on FM 116

      Freestanding commercial building, previously a daycare, with playground equipment.
      1402 S FM 116 Highway, Copperas Cove, TX 76522
      View Details
    • Contact for pricing

      Versatile Retail/Office/Restaurant Space Available

      2,000 SF space suitable for office, retail, or restaurant.
      414 E Avenue D, Copperas Cove, TX 76522
      View Details
    • Contact for pricing

      Commercial Property Available For Rent

      Commercial property with 11,500 square feet available for rent.
      815 E Hwy 190, Copperas Cove, TX 76522
      View Details
    • $1,419/Mo

      Retail Space For Rent

      Retail space available for lease in Copperas Cove, TX.
      1539 E Business 190, Copperas Cove, TX
      View Details
    • Contact for pricing

      Retail

      1402 S FM 116, Copperas Cove, TX 76522
      View Details
    • Contact for pricing

      Office Space in Copperas Cove

      Office space available for lease in Copperas Cove, Texas.
      2524 E Bus Hwy 190, Copperas Cove, TX
      View Details
    • Contact for pricing

      Retail Space in Cove Shopping Center

      Adaptable retail spaces suitable for diverse businesses and services.
      1875 N 1st St, Copperas Cove, TX 76522
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available near Fort Hood Army Base.
    Where is this shopping center located?
    The property is located at 96-132 Cove Terrace Shopping Ctr Copperas Cove, TX.
    What are key features of this property?
    This property features: High gross leasable square footage: ± 153,666; High average household income in a 3‑mile radius: $77,306; Significant population density: 38,113 people within a 3‑mile radius
    (972) 669-8440 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jennie Snelling
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!