Commercial Land with Existing
For Sale
$375,000
1104-1106 W S Young Drive, Killeen, TX 76543
CommercialSale, Killeen, TX
Property Size1,748 SF
Lot Size0.45 Acres
Price / SF$214.53
Days on Market332
Property Features for 1104-1106 W S Young Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comme
Exterior features
Storage
Subdivision
Milton Wells Indust
Lot features
Corner Lot, City Lot, Level, Quarter To Half Acre Lot
Directions
From I-14 West, take the W.S. Young exit and turn right. Continue north on W.S. Young Drive for approximately three-quarters of a mile. The property, 1104 W.S. Young, will be on your right-look for the Budget Optical sign.
Standard status
Active
APN
13596 & 13597
Size
1,748 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MILTON WELLS INDUSTRIAL, BLOCK 004, LOT 0001
Legal Description
MILTON WELLS INDUSTRIAL, BLOCK 004, LOT 0001
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1976
Floors in Building
1
Flooring type
Concrete, Laminate
Building materials
BrickVeneer, Masonry, WoodSiding
Roof type
Flat
Additional Structures
Storage
Listing Agency:
John Reider Properties II, Ltd
(254) 699-8300
Listed By:
John Reider · License #0345039
(254) 289-2400
Added: Nov 18, 2025
Changed: Sep 14
Last Checked: Oct 16 at 3:06PM
MLS# 598274
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.
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Investment Insights
Based on property information with market context.
This 0.45-acre commercial land offering includes an existing 1,748-square-foot structure built in 1976. The improvements feature storage space, a flat roof, laminate and concrete flooring, and construction materials including brick veneer, masonry, and wood siding. Central heating and cooling are supported by electric service.
The property is located at 1104-1106 W S Young Drive in Killeen, Texas. Public water and public sewer serve the site, and the property carries the zoning designation Comme. The existing building and utility connections provide established physical components for evaluation alongside the land.
The property is located at 1104-1106 W S Young Drive in Killeen, Texas. Public water and public sewer serve the site, and the property carries the zoning designation Comme. The existing building and utility connections provide established physical components for evaluation alongside the land.
Key Highlights
- 0.45‑acre commercial land parcel
- Existing 1,748‑square‑foot building
- Structure built in 1976
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
386
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land includes an existing building, public water and sewer, storage, and central HVAC systems.
Where is this commercial land located?
The property is located at 1104-1106 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: 0.45‑acre commercial land parcel; Existing 1,748‑square‑foot building; Structure built in 1976
