Killeen Commercial Property For
For Sale
$393,000
4502 E Rancier Avenue, Killeen, TX 76543
COMMERCIAL - Killeen, TX
Property Size2,640 SF
Lot Size1.27 Acres
Price / SF$148.86
Days on Market1062
Property Features for 4502 E Rancier Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-3
Parking features
Carport
Subdivision
Vinson Estates
Lot features
One To Three Acres, City Lot
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
From Temple Texas, Merge onto I-35 S. Keep right at the fork to continue on I-14/US-190 W, follow signs for Killeen/Ft Cavazos. Take exit 292 toward TX-439 Spur/Nolanville. Merge onto N Central Texas Expy. Continue straight to stay on N Central Texas Expy. Turn right onto Pleasant Hill Rd. Turn left onto FM439 W. Destination will be on the left.
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
Legal Description
VINSON ESTATES, BLOCK 1, LOT 1-2
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
Listed By:
Rose Durham · License #0679442
(254) 721-4872
Added: Sep 5, 2023
Changed: Apr 15
Last Checked: Aug 1 at 8:06AM
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
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Explore this area
Business Placement
Demographics for 76543, TX
30,545
Population
15,300
Households
2
Avg Household Size
30
Median Age
15%
College-Educated
91%
High-School Grad
35.6 sq mi
ZIP Area
858
Density / Sq Mi
$51,239
Median Household Income
$31,712
Median Earnings
$1,099
Median Rent
$140,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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