Commercial Land With Office
For Sale
$250,000
1809 E Veterans Memorial Boulevard, Killeen, TX 76541
COMMERCIAL - Killeen, TX
Property Size1,080 SF
Lot Size1.36 Acres
Price / SF$231.48
Days on Market92
Property Features for 1809 E Veterans Memorial Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-5
Subdivision
Lendale
Lot features
One To Three Acres, City Lot
Elementary school district
Killeen ISD
Middle school district
Killeen ISD
High school district
Killeen ISD
Directions
Head southwest on I-14, take exit 285 towards WS Young Drive. Merrge onto E Central Texas Expwy, turn right onto S WS Young Drive. Turn left onto E. Veterans Memorial Blvd. Property is on your right with Realtor sign on sign post.
Standard status
Active
APN
4221, 446089, 446090
Size
1,080 SF
Lot size
1.36 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LENDALE, BLOCK 004, LOT 1, 4, & S 50' ADJ; Lendale, Block 003, Lot 0002, & S 125' Adj & W 50' Adj; Lendale, Block 003, Lot 0003, & W 50' x 143' Strip Adj
Tax Annual Amount
3522
Legal Description
LENDALE, BLOCK 004, LOT 1, 4, & S 50' ADJ; Lendale, Block 003, Lot 0002, & S 125' Adj & W 50' Adj; Lendale, Block 003, Lot 0003, & W 50' x 143' Strip Adj
Utilities
Sewer type
Public Sewer
Building Details
Year built
2017
Floors in Building
1
Flooring type
Unfinished
Building materials
Glass, MetalFrame
Roof type
Metal
Listing Agency:
RE/MAX Legends
(254) 702-0598
Listed By:
Cher Hislop · License #0556816
(254) 654-0090
Added: May 6
Changed: Aug 4
Last Checked: Aug 5 at 10:06AM
MLS# 573211
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.
Investment Insights
Based on property information with market context.
This 1.355-acre commercial land tract includes a 1,080-square-foot metal building with partitions creating three offices and two bathrooms. The building has electric wiring and HVAC ductwork, while an additional storage building is included. The property is being sold AS-IS and has unfinished flooring, a metal roof, glass, and metal-frame construction. An electric pole is located on the property.
Two entrances provide access from E. Veterans Memorial Boulevard and Nathan Drive. Frontage measures approximately 176 feet along the front entrance and approximately 203 feet along the rear entrance. The site is zoned B-5 and served by city water and public sewer. The surrounding corridor includes businesses along E. Veterans Memorial Boulevard, with new apartments across from the property.
Two entrances provide access from E. Veterans Memorial Boulevard and Nathan Drive. Frontage measures approximately 176 feet along the front entrance and approximately 203 feet along the rear entrance. The site is zoned B-5 and served by city water and public sewer. The surrounding corridor includes businesses along E. Veterans Memorial Boulevard, with new apartments across from the property.
Key Highlights
- 1.355‑acre commercial land tract
- 1,080‑square‑foot metal building with 3 offices and 2 bathrooms
- Approximately 176 feet of frontage on E. Veterans Memorial Boulevard
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.3k | $21.60 |
| − Vacancy | −$4.3k | −$3.97 |
| EGI | $19.0k | $17.63 |
| − OpEx | −$4.8k | −$4.41 |
| NOI | $14.3k | $13.22 |
1,080 SF · lease $21.60/SF/yr · vacancy 18.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$204.0K
$178.5K – $238.0K
NOI $14,277 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.4K
$227.0K – $302.7K
NOI $18,159 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,251
Businesses Nearby
Explore this area
Business Placement
Demographics for 76541, TX
19,641
Population
10,207
Households
1.9
Avg Household Size
32
Median Age
12%
College-Educated
83%
High-School Grad
4.9 sq mi
ZIP Area
4,008
Density / Sq Mi
$36,739
Median Household Income
$27,869
Median Earnings
$858
Median Rent
$97,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - B-5-zoned commercial land includes a partitioned office building, storage building, and public utilities.
Where is this commercial land located?
The property is located at 1809 E Veterans Memorial Boulevard Killeen, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1.355‑acre commercial land tract; 1,080‑square‑foot metal building with 3 offices and 2 bathrooms; Approximately 176 feet of frontage on E. Veterans Memorial Boulevard
