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

    5401 E Veterans Memorial Blvd, Unit 5307 Killeen, TX 76543

    View on Map
    Sponsored
    For Lease
    $1,986 /Mo

    COMMERCIAL - Killeen, TX

    Type:Office
    Lot size:
    5.99 Acres
    Days on Market:
    137
    Last Refresh:
    Mar 23 at 2:06 pm

    Property Features for 5401 E Veterans Memorial Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    B-5
    APN
    48074
    Lot size
    5.99 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1959
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl, Concrete
    Building materials
    Masonry, StoneVeneer

    We can help!

    Listing Contact
    Deborah Beene

    Cloud Real Estate

    Listing agent Deborah Beene License #0402164

    Listing date Nov 6, 2025

    MLS# 575573

    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.

    Learn more

    Property Insight Report

    Overview

    Killeen Commercial Property For Rent

    This commercial property, located in Killeen, TX, offers high visibility along a heavily trafficked road. The property is designed for industrial efficiency and features three points of entry for ease of access. It includes grade-level roll-up doors, ramps, and a 120,000-pound truck scale on-site. Fire hydrants are located both on the property and at the curb. Situated on a 5.99-acre lot, the space is suitable for light manufacturing, warehousing, auto repair, local delivery hubs, or e-commerce distribution centers. The property is located in an area with strong economic growth throughout Killeen, Harker Heights, and nearby areas. The zoning is B-5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Auto Parts Store Department Store

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

    Similar Places Nearby

    Toy Box Storage of Killeen, Top Mini Storage, Self-Storage at U-Haul, Otter Self Storage, AJ's Moving and Storage

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.6865482
    Latitude
    31.0957507

    Nearby Similar for Lease

    • $4,025 /Mo
      4,025 SF

      Killeen Commercial Space For Rent

      4,225 SF commercial property in Killeen's historic downtown.
      207 Avenue C E, Killeen, TX 76541
      View Details
    • $800 /Mo

      Downtown Killeen Office Space Available

      Updated office suite in historic downtown Killeen, ready for move-in.
      312 Avenue B E, Killeen, TX 76541
      View Details
    • $995 /Mo

      Downtown Killeen Office Space Available

      Move-in ready office space in historic downtown Killeen.
      312 Avenue B E, Killeen, TX 76541
      View Details
    • $5,674 /Mo

      Commercial Suite in Historic Killeen

      Prime commercial suite for lease in historic Downtown Killeen.
      300 N 8Th St, Killeen, TX 76541
      View Details
    • $225 SF/Yr

      Move-in Ready Professional Suites

      Private suites ideal for service-based businesses with flexible lease options.
      2904 E Stan Schlueter Loop, Killeen, TX 76542
      View Details
    • New
      $6,000 /Mo
      3,480 SF

      Killeen Commercial Lot For Rent

      Commercial lot with high visibility, suitable for medical or office use.
      300 W Central Texas Expy, Killeen, TX 76541
      View Details
    • $6,962 /Mo
      3,570 SF

      Killeen Medical/Office Space Available

      3,570 SF medical/office space near Advent Hospital and Texas A&M.
      2300 S Clear Creek Rd, Killeen, TX 76549
      View Details
    • $4,500 /Mo
      4,200 SF

      Killeen Commercial Space For Rent

      Flex/industrial/office/warehouse space with storage and parking in Killeen, TX.
      1503 W Stan Schlueter Loop, Killeen, TX 76549
      View Details
    • $1.00 SF/Yr
      5,616 SF

      Killeen Commercial Space For Lease

      5,616 SF flexible commercial space suitable for retail, office, medical.
      302 Priest Dr, Killeen, TX 76541
      View Details
    • $1,770 /Mo
      13,550 SF

      Professional Office Space Available Now

      Professional office space with reception area, three offices, ADA restroom.
      5504 Bunny Trl, Killeen, TX 76549
      View Details
    • $3,044 /Mo
      65,340 SF

      Restaurant Suite with Drive-Through

      1,230 sqft restaurant suite with drive-through available for lease.
      3700 W S Young Dr, Killeen, TX 76542
      View Details
    • New
      $1,250 /Mo
      2,280 SF

      Killeen Office Space Available

      Office space with open layout, kitchen, and private office.
      3402 E Veterans Memorial Blvd, Killeen, TX 76543
      View Details

    FAQs

    What type of property is this?
    Warehouse - High-visibility industrial space suitable for manufacturing, warehousing, or distribution.
    Where is this warehouse located?
    The property is located at 5401 E Veterans Memorial Blvd, Unit 5307 Killeen, TX.
    What is the lease rate?
    The lease rate is $0.09 SF/Yr.
    What are key features of this property?
    This property features: - 120,000-pound truck scale on-site; - Infrastructure designed for industrial efficiency; - Grade-level roll-up doors and ramps
    (254) 289-1281
    Request Owner's contact information
    5401 E Veterans Memorial Blvd, Unit 5307 Killeen, TX 76543
    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.
    5401 E Veterans Memorial Blvd, Unit 5307
    Killeen, TX 76543
    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
    5401 E Veterans Memorial Blvd, Unit 5307 Killeen, TX 76543
    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

    We can help!
    Listing Contact
    Deborah Beene
    Real Estate License ID: 0402164
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!