Property profile

512 S 2Nd St Killeen, TX 76541

FOR SALE
Commercial real estate
Property ID
US82-2035944
2,000 SF 0.3 ac lot Built 2007
Entity Owned 10-yr Hold ~ Est. High Equity
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512 S 2Nd St, Killeen, TX 76541 For Sale
$335,000 2,000 SF
512 S 2Nd St, Killeen, TX 76541
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Property summary

AI-generated overview

This exceptional freestanding office building, located at 512 S 2nd St, Killeen, Texas 76541, presents a compelling investment opportunity. The property boasts 2,000 square feet of space, ideal for an owner-user or savvy investor. Classified as a Class C building, it offers a solid foundation for a variety of professional uses. Its "executive office" designation suggests a sophisticated and potentially upscale interior, though specific details regarding the interior finishes and layout would need to be verified through a property inspection. The building benefits from prominent pylon signage, ensuring high visibility and accessibility for clients and employees. Its central Killeen location provides easy access to major thoroughfares and local amenities. The asking price is $400,000. Note that the marketing materials initially listed the building as 3,000 square feet

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 2,000 SF
Lot 0.3 ac (13,251 SF)
APN 316658
UPID US82-2035944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply
  • Accounting Firm

Location

512 S 2Nd St Killeen, TX 76541
Killeen metro Census 22900 KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2016
5 recorded transactions
2019
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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