Killeen Commercial Property For
4502 E Rancier Avenue Killeen, TX 76543
4502 E Rancier Avenue, Killeen, TX, 76543
$393,000
For Sale
$393,000
COMMERCIAL - Killeen, TX
Property Size2,640 SF
Lot Size1.27 Acres
Price / SF$148.86
Days on Market1048
Property Features for 4502 E Rancier Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-3
- Parking features
- Carport
- Standard status
- Active
- APN
- 168425,168424
- Size
- 2,640 SF
- Lot size
- 1.27 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- VINSON ESTATES, BLOCK 1, LOT 1-2
- Tax Annual Amount
- 6745
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1997
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Brick
Listing Agency
Pete & Larry
(254) 718-8604
4219 Midway Dr, TX
Listed by
Rose Durham · License #0679442
(254) 721-4872
Added: Sep 5, 2023 Checked: Jul 18 at 1:06 am
MLS# 520190
Copyright © 2026 Central Texas Multiple Listing Service. 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 commercial property in Killeen, Texas, presents an opportunity for either continued operation as a self-service carwash or redevelopment. The property is zoned B-3. The location benefits from high traffic volume, with 13,631 vehicles per day recorded in 2020. The property is currently an all-cash business. The nearest carwash is located 4.3 miles away. The surrounding area includes a Dollar General, the EastLake Shopping Center, retirement communities, and apartments.
Key Highlights
- High Traffic Volume: 13,631 Vehicles Per Day (VPD)
- No Nearby Competition: Closest Carwash is 4.3 Miles Away
- Redevelopment Potential
Local Financial Insights For Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $18.00 |
| − Vacancy | −$2.7k | −$1.01 |
| EGI | $44.9k | $16.99 |
| − OpEx | −$13.5k | −$5.10 |
| NOI | $31.4k | $11.89 |
2,640 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$548.2K
$479.7K – $639.5K
NOI $38,372 @ 7.0% cap · market cap 9.76%
Second Best
Retail
$448.6K
$392.5K – $523.4K
NOI $31,401 @ 7.0% cap · market cap 7.99%
Theoretical Best
Office A
$634.1K
$554.8K – $739.8K
NOI $44,387 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self service car ...
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Self-serve carwash or redevelopment opportunity in Killeen, Texas.
Where is this car wash located?
The property is located at 4502 E Rancier Avenue Killeen, TX.
What is the asking price?
The asking price for this property is $393,000.
What are key features of this property?
This property features: High Traffic Volume: 13,631 Vehicles Per Day (VPD); No Nearby Competition: Closest Carwash is 4.3 Miles Away; Redevelopment Potential