Occupied Restaurant
For Sale
$475,000
334 E Avenue D, Killeen, TX 76541
Two operating commercial occupants share a versatile space in Downtown Killeen.
Property Size3,450 SF
Days on Market54
Property Features for 334 E Avenue D
General Information
Standard status
Active
Size
3,450 SF
Property subtype
Commercial
Building Details
Building Size
3,450 SF
Year Built
1948
Stories
1
Listing Agency:
Hustle House Realty
Listed By:
Carlos Pineda · License #0659228
(254) 630-4056
Source:
Elliman
Added: Sep 5
Changed: Oct 26
Last Checked: Oct 28 at 8:58AM
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 Hustle House Realty
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Investment Insights
Based on property information with market context.
Located at 334 E Avenue D, this approximately 3,450-square-foot commercial property contains two operating businesses: Koba Woo Korean Restaurant and Perfect Results hair salon. The occupied configuration provides a combination of restaurant and salon uses within one building and offers an established commercial setup for a purchaser.
The property is positioned along East Avenue D in Downtown Killeen, within an area that includes restaurants, retail businesses, professional services, and locally owned enterprises. Downtown community events, festivals, live entertainment, and celebrations take place in the surrounding district, while the property has a Walk Score of 53 and a Bike Score of 41.
The property is positioned along East Avenue D in Downtown Killeen, within an area that includes restaurants, retail businesses, professional services, and locally owned enterprises. Downtown community events, festivals, live entertainment, and celebrations take place in the surrounding district, while the property has a Walk Score of 53 and a Bike Score of 41.
Key Highlights
- Approximately 3,450 SF commercial property at 334 E Avenue D
- Occupied by Koba Woo Korean Restaurant and Perfect Results hair salon
- Two operating businesses share the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,036
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,720
$820.7K
Cap Rate 7%
$586,229
$586.2K
Cap Rate 9%
$455,956
$456.0K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$62.1K $18.00/SF
− Vacancy
−$3.5K −$1.01/SF
EGI
$58.6K $16.99/SF
− OpEx
−$17.6K −$5.10/SF
NOI
$41.0K $11.89/SF
Area
Killeen, TX
Vacancy
5.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$820,720
Cap Rate 7%
$586,229
Cap Rate 9%
$455,956
Alternative Uses
Best Use
Specialty Retail
$716.4K
$626.8K – $835.8K
NOI $50,146 @ 7.0% cap · market cap 10.56%
Second Best
Retail
$586.2K
$513.0K – $683.9K
NOI $41,036 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$828.7K
$725.1K – $966.8K
NOI $58,006 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- International Buffet Restaurant (IBR) — 605 N Gray St Ste 1, Killeen, TX 76541
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two operating commercial occupants share a versatile space in Downtown Killeen.
Where is this conventional restaurant located?
The property is located at 334 E Avenue D Killeen, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Approximately 3,450 SF commercial property at 334 E Avenue D; Occupied by Koba Woo Korean Restaurant and Perfect Results hair salon; Two operating businesses share the property
