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Commercial Land with Airport Proximity
For Sale
$3,988,293

201 FM-116, Gatesville, TX 76528

Land, Gatesville, TX

Property SizeContact for details
Lot Size116.00 Acres
Days on Market100

Property Features for 201 FM-116

General Information

Property type Land
Property subtype Other
Zoning description Commercial and Ag Suburbia
Subdivision Airport Annex
Lot features Acreage, Agricultural, City Lot
Elementary school Gatesville
Middle school Gatesville
High school Gatesville
Elementary school district Gatesville ISD
Middle school district Gatesville ISD
High school district Gatesville ISD
Directions From Gatesville heading West on Hwy 84 (Main St), turn left onto FM 116. Property will be on the left. Turn left onto Old Pidcoke Rd to access gate to property and additional road frontage.
Standard status Active
APN 111168
Lot size 116.00 Acres
Listing Agency: Kim Hill Real Estate Group
Listed By: Kim Hill · License #0592248
Added: Jun 7 Changed: Sep 8 Last Checked: Sep 14 at 4:06PM
MLS# 21158206

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 116-acre tract is city-annexed commercial land in Gatesville, Texas. The property has frontage and access along Texas FM 116 and Old Pidcoke Road, with multiple access points that support separate circulation patterns across a large development site. City utilities are available, and the land retains AG tax status during planning and phased development activities.

The tract is directly across from Gatesville Municipal Airport and near Fort Hood, placing it within a regional setting connected to aviation, military, logistics, manufacturing, and transportation activity. Its scale and road access can accommodate phased development, multiple users, campus-style projects, or a coordinated commercial and industrial plan. The property is located at 201 FM-116 in Gatesville, within Coryell County and ZIP code 76528.

Key Highlights

  • Approximately 116 acres of city‑annexed commercial land
  • Frontage and access along Texas FM 116 and Old Pidcoke Road
  • Multiple access points support separated circulation patterns

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Real Estate Agency Storage Facility Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 76528, TX

18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - City-annexed acreage with FM-116 and Old Pidcoke Road access, available utilities, and flexible development positioning.
Where is this commercial land located?
The property is located at 201 FM-116 Gatesville, TX.
What is the asking price?
The asking price for this property is $3,988,293.
What are key features of this property?
This property features: Approximately 116 acres of city‑annexed commercial land; Frontage and access along Texas FM 116 and Old Pidcoke Road; Multiple access points support separated circulation patterns
More about this property
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