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High-Traffic Corner Lot Investment
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1104-1106 S W S Young Drive, Killeen, TX 76543

Investment opportunity with development potential on a high-traffic corner lot.

Property Size1,748 SF
Price / SF$214.53
Days on Market162

Property Features for 1104-1106 S W S Young Drive

General Information

Standard status Active
Size 1,748 SF
Property subtype Office

Building Details

Year Built 1976
Listing Agency: John Reider Properties II, Ltd
Listed By: Lauren Reider-Hallmark · License #TX 635363
Source: Crexi
Added: Feb 20 Changed: Jul 10 Last Checked: Jul 31 at 11:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Reider Properties II, Ltd

Investment Insights

Based on property information with market context.

This property presents a significant investment opportunity, situated on a high-traffic corner lot. The property, with a size of 1748 square feet, is suitable for various business operations, including fast-food establishments. It offers strong development potential. The seller is open to a lease-back arrangement.

Key Highlights

  • High‑traffic corner lot location
  • Strong development potential
  • Ideal for fast‑food or other business operations

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 $31.5k $18.00
− Vacancy −$1.8k −$1.01
EGI $29.7k $16.99
− OpEx −$8.9k −$5.10
NOI $20.8k $11.89
1,748 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$297.0K
$259.9K – $346.5K (±1% cap)
NOI $20,791 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$419.9K
$367.4K – $489.8K (±1% cap)
NOI $29,390 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store Garden Center Food Market Daycare Center Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Investment opportunity with development potential on a high-traffic corner lot.
Where is this storefront property located?
The property is located at 1104-1106 S W S Young Drive Killeen, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: High‑traffic corner lot location; Strong development potential; Ideal for fast‑food or other business operations
(254) 466-4996 Call to check price and availability
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