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Property profile

3201 Little Nolan Killeen Tx 76542 Killeen, TX 76542

FOR SALE
Retail properties & Spaces
Property ID
US82-2180956
74.5 ac lot
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Property summary

AI-generated overview

This exceptional 74.5-acre property presents a significant development opportunity in the heart of Killeen, Texas. Located just 40 minutes north of Austin, this strategically positioned land boasts 2,956 feet of street frontage and is situated only 900 feet south of Interstate 14, the Fort to Port Highway, experiencing a high average daily vehicle count of over 122,000. The property is zoned R-1 with an agricultural exemption, offering flexibility for various development projects. Existing infrastructure includes a 36-inch sewer line and an 8-inch water line, with electricity readily available at the curb. A portion of the land (approximately 13 acres) is situated within a flood zone and features a creek with mature trees and vines, presenting potential for retention or flood mitigation strategies. The remaining acreage offers ample space for development. The location is ideal for mixed-use projects, including luxury condos, RV parks, or single-family homes. Its proximity to numerous restaurants, retail establishments, and a Walmart Market makes it exceptionally attractive for walkable developments. The property is owned by an LLC and has an APN of 62091. The asking price is $4,500,000, with a land value of $1.38 - $3 per square foot.

Property profile

Verified
Property type Retail properties & Spaces
Lot 74.5 ac (3,245,220 SF)
UPID US82-2180956

Cap rate & NOI

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

Location

3201 Little Nolan Killeen Tx 76542 Killeen, TX 76542
Killeen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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