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116 Acres Development Opportunity
For Sale
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Pending

201 FM 116, Gatesville, TX 76528

116 acres of development land in Gatesville, Texas.

Property SizeContact for details
Lot Size116.00 Acres
Days on Market188

Property Features for 201 FM 116

General Information

Standard status Pending
Lot size 116.00 Acres
Property subtype Land
Zoning Commercial
Listing Agency: United Country Hill Country Pros
Listed By: Kim Hill · License #592248
Source: Crexi
Added: Feb 5 Changed: Aug 10 Last Checked: Aug 12 at 6:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Country Hill Country Pros

Investment Insights

Based on property information with market context.

Approximately 116 acres of city-annexed development land in Gatesville, Texas, presents a development opportunity suitable for commercial, industrial, mixed-use, logistics, distribution, and employment-driven residential development. The property is strategically located with frontage and access along Texas FM 116 and Old Pidcoke Road, offering visibility, multiple access points, and the ability to separate uses and traffic patterns. This makes it suitable for anchor retail or service commercial along the frontage, with flex, light industrial, logistics, or distribution uses and residential or workforce housing positioned behind. City utilities are available, and the property maintains AG tax status. The site is located directly across from the Gatesville Municipal Airport, providing regional air access. It is also located near Fort Hood, driving sustained demand for housing, retail services, logistics, medical, and industrial development. The region benefits from proximity to Central Texas aerospace and advanced manufacturing activity, including SpaceX operations, supporting long-term employment growth tied to military, defense, manufacturing, and transportation sectors. Gatesville offers a business-friendly environment, low crime rate, a stable workforce, and a favorable tax climate, with convenient access to Waco, Temple, and Killeen and reasonable drive times to Austin, Dallas–Fort Worth, and Houston. This tract supports phased or multi-user development, campus-style projects, or master-planned mixed-use concepts.

Key Highlights

  • 116± Acres of City‑Annexed Land: Ideal for master‑planned development.
  • Strategic Location: Frontage on FM 116 and Old Pidcoke Road provides excellent visibility.
  • Proximity to Gatesville Municipal Airport: Offers regional air access.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Restaurant Dental Office Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 76528, TX

18,773
Population
7,311
Households
2.6
Avg Household Size
40
Median Age
18%
College-Educated
89%
High-School Grad
486.3 sq mi
ZIP Area
39
Density / Sq Mi
$66,989
Median Household Income
$37,705
Median Earnings
$848
Median Rent
$189,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 116 acres of development land in Gatesville, Texas.
Where is this commercial land located?
The property is located at 201 FM 116 Gatesville, TX.
What is the asking price?
The asking price for this property is $3,988,293.
What are key features of this property?
This property features: 116± Acres of City‑Annexed Land: Ideal for master‑planned development.; Strategic Location: Frontage on FM 116 and Old Pidcoke Road provides excellent visibility.; Proximity to Gatesville Municipal Airport: Offers regional air access.
More about this property
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