114 Church Ave, Troy, TX 76579

This is a 4.903-acre commercial land assemblage suitable for commercial, retail, hospitality, or mixed-use development. The property is located on Church Street in Troy, just off IH-35, situated between Waco and Temple locally, and Austin and Dallas regionally. It features approximately 360 feet of road frontage on Church Avenue and has three existing ingress/egress points. Utilities include a 10" city water line and a 10" city sewer line along Church Avenue, with an additional 8" city sewer line at the rear along the creek. The zoning is GB - General Business, which allows for a broad range of commercial uses. The topography is gently sloping from the center of the tract towards the street at the front and the creek at the rear. A seasonal creek runs along the rear of the tract. Approximately 0.4 acres are within a flood hazard area, including 100-year, 500-year, and floodway zones. The property is not Ag exempt and has no open space or special use valuation. Taxes are for the City of Troy and Troy ISD. Several new neighborhoods are currently being developed in the community, creating a need for local retail amenities. The commercial vacancy rate in Troy is low. Large employers, including FedEx and Meta, are moving into Temple's Industrial Park just to the south. The assemblage includes three residences: 114 Church Ave, a 1,500 square foot residence built in 2000; 118 Church Ave, a 1,253 square foot residence built approximately in 1928; and 202 Church Ave, a 1,708 square foot residence built approximately in 1921.