Multi-Tenant Retail
For Sale
$1,400,000
3000 Old Fm 440 Road, Killeen, TX 76549
SINGLE_FAMILY - Killeen, TX
Property Size8,580 SF
Lot Size0.68 Acres
Price / SF$163.17
Days on Market574
Property Features for 3000 Old Fm 440 Road
General Information
Property type
Residential
Property subtype
Retail
Subdivision
Gentle Grove Add Rep
Lot features
Half To One Acre Lot
Directions
From S W S Young Dr Killeen: Head south on S W S Young Dr toward Little Nolan Rd, Turn right onto Elms Rd, Turn right onto Old FM 440 Rd/Old Fm To Market 440 Turn right Destination will be on the left
Standard status
Active
APN
331825
Size
8,580 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
GENTLE GROVE ADDITION REPLAT (LT 1-17 BLK 1, LT 1-20 BLK 2), BLOCK 001, LOT 001A
Tax Annual Amount
19721
Legal Description
GENTLE GROVE ADDITION REPLAT (LT 1-17 BLK 1, LT 1-20 BLK 2), BLOCK 001, LOT 001A
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2008
Floors in Building
1
Flooring type
Tile, Concrete
Roof type
Composition, Shingle, Metal
Listing Agency:
DHS Realty
(972) 979-8413
Listed By:
Saira Khan · License #0776630
(254) 616-0415
Added: Jan 4, 2025
Changed: Jul 31
Last Checked: Aug 1 at 6:06AM
MLS# 566001
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.
3000 Old FM 440 Plaza is an 8,800-square-foot, multi-tenant retail center on 0.6771 acres. The building was erected in 2008 and is reported as fully stabilized, with current leases operating grossly.
The property is located on Old FM 440 Road in Killeen, Texas. Interior finishes include tile and concrete flooring. The building has central heating and central air, and it is served by public water and public sewer.
Additional physical features include a composition, shingle, and metal roof. This configuration is designed to support multiple tenant spaces within a single retail asset.
The property is located on Old FM 440 Road in Killeen, Texas. Interior finishes include tile and concrete flooring. The building has central heating and central air, and it is served by public water and public sewer.
Additional physical features include a composition, shingle, and metal roof. This configuration is designed to support multiple tenant spaces within a single retail asset.
Key Highlights
- 8,800‑square‑foot multi‑tenant retail center
- 0.6771 acres on Old FM 440 Road
- Built in 2008
Financial Insights For Retail
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 | $154.4k | $18.00 |
| − Vacancy | −$8.6k | −$1.01 |
| EGI | $145.8k | $16.99 |
| − OpEx | −$43.7k | −$5.10 |
| NOI | $102.1k | $11.89 |
8,580 SF · lease $18.00/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.70M
NOI $102,054 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,259 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76549, TX
56,199
Population
21,794
Households
2.6
Avg Household Size
29
Median Age
23%
College-Educated
95%
High-School Grad
94.1 sq mi
ZIP Area
597
Density / Sq Mi
$62,536
Median Household Income
$36,340
Median Earnings
$1,363
Median Rent
$202,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- KBS food mart Plaza — 3000 Old FM 440 Rd, Killeen, TX 76549
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center built in 2008 with central heating and central air, plus public water and public sewer.
Where is this shopping center located?
The property is located at 3000 Old Fm 440 Road Killeen, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 8,800‑square‑foot multi‑tenant retail center; 0.6771 acres on Old FM 440 Road; Built in 2008
