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    Fort Hood St Killeen, TX 76542

    For Sale
    $595,000

    High-potential corner lot, previously a bar & grill.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This 0.86-acre commercial lot in Killeen, Texas, presents a unique redevelopment opportunity. Located at S Fort Hood Street Unit 1310, the property previously housed MJ's bar and grill, which suffered a fire earlier this year. The site boasts excellent corner lot visibility and accessibility, making it ideal for a variety of commercial ventures. All utilities are readily available on-site, simplifying the development process and reducing initial setup costs. The substantial lot size offers ample space for construction, parking, and potential outdoor amenities. Given its prime location and existing infrastructure, this property represents a compelling investment for entrepreneurs and developers seeking a high-impact commercial project in a thriving Texas market. The previous structure's demolition presents a clean slate for a new building tailored to specific business needs. The property's strategic positioning ensures high visibility and convenient access for customers and employees. This is a chance to capitalize on a well-situated lot with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers.

    Property Features for Fort Hood St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    37,462 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.74879
    Latitude
    31.10457

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    FAQs

    What type of property is this?
    Commercial real estate - High-potential corner lot, previously a bar & grill.
    Where is this commercial real estate located?
    The property is located at Fort Hood St Killeen, TX.
    What is the asking price?
    The asking price for this property is $595,000.
    (254) 526-5117
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    Fort Hood St Killeen, TX 76542
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    Realmo Value Estimation

    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.

    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.

    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
    Fort Hood St Killeen, TX 76542
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