High-Traffic Corner Lot
For Sale
$375,000
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 Market201
Property Features for 1104-1106 S W S Young Drive
General Information
Standard status
Active
Size
1,748 SF
Property subtype
CommercialSale
Listing Agency:
John Reider Properties II, Ltd
(254) 699-8300
Listed By:
John Reider · License #0345039
(254) 289-2400
Source:
Cornerstone-properties
Added: Mar 27
Changed: Sep 13
Last Checked: Oct 12 at 8:03PM
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
Estimated NOI and Cap Rate
NOI / Yr
$20,791
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,820
$415.8K
Cap Rate 7%
$297,014
$297.0K
Cap Rate 9%
$231,011
$231.0K
Market Conditions
NOI Build-Up for 1,748 SF
Gross rent
$31.5K $18.00/SF
− Vacancy
−$1.8K −$1.01/SF
EGI
$29.7K $16.99/SF
− OpEx
−$8.9K −$5.10/SF
NOI
$20.8K $11.89/SF
Area
Killeen, TX
Vacancy
5.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,820
Cap Rate 7%
$297,014
Cap Rate 9%
$231,011
Alternative Uses
Best Use
Retail
$297.0K
$259.9K – $346.5K
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
NOI $29,390 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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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
