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Killeen Shooting Facility on 4.13 Acres
For Sale
$3,200,000

205 Mountain Creek Rd, Killeen, TX 76542

State-of-the-art shooting facility designed for enthusiasts and law enforcement.

Property Size14,196 SF
Lot Size4.13 Acres
Price / SF$225.42
Days on Market285

Property Features for 205 Mountain Creek Rd

General Information

Standard status Active
Property type Other industrial properties, Industrial properties
Size 14,196 SF
Lot size 4.13 Acres

Building Details

Year Built 2016
Listed By: Jeffrey Slanker
Added: Jan 2 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located at 205 Mountain Creek Road in Killeen, Texas, this property features a 14,196 square-foot facility on 4.13 acres. Originally designed as a reinforced indoor shooting range, the property is adaptable for commercial or industrial use. The structure includes eight 25-meter lanes constructed with military-grade concrete, designed to withstand high-force shooting without chipping. It also features two 20x40 classrooms equipped with full audio-visual systems, suitable for training or events. Additional features include a secure lobby with a vault and office space, along with three on-site residential units. Built with specialized impact-resistant concrete and AR steel partitions, the property is designed for heavy-load operations and tactical training. This state-of-the-art shooting facility is suitable for firearm enthusiasts, military, law enforcement, or related commercial uses.

Key Highlights

  • 25‑meter lanes built with military‑grade concrete designed to withstand high‑force shooting without chipping.
  • Two classrooms (20×40) equipped with full audio‑visual systems — good for training or events.
  • State‑of‑the‑art shooting facility suitable for firearm enthusiasts, military, law enforcement, or related commercial uses.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,673
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,460 $1.8M
Cap Rate 7%
$1,281,043 $1.3M
Cap Rate 9%
$996,367 $996.4K
Market Conditions
NOI Build-Up for 14,196 SF
Gross rent
$136.3K $9.60/SF
− Vacancy
−$8.2K −$0.58/SF
EGI
$128.1K $9.02/SF
− OpEx
−$38.4K −$2.71/SF
NOI
$89.7K $6.32/SF
Area
Killeen, TX
Vacancy
6.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,460
Cap Rate 7%
$1,281,043
Cap Rate 9%
$996,367

Alternative Uses

Best Use
Industrial
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,673 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M (±1% cap)
NOI $238,684 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mountain Creek Range Gun Shop

Suggested Use

Top Pick Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Real Estate Agency Gym & Fitness Center Travel Agency

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

12
Businesses Nearby

Demographics for 76542, TX

53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Industrial property - State-of-the-art shooting facility designed for enthusiasts and law enforcement.
Where is this industrial property located?
The property is located at 205 Mountain Creek Rd Killeen, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 25‑meter lanes built with military‑grade concrete designed to withstand high‑force shooting without chipping.; Two classrooms (20×40) equipped with full audio‑visual systems — good for training or events.; State‑of‑the‑art shooting facility suitable for firearm enthusiasts, military, law enforcement, or related commercial uses.
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