Mixed-Use Property with Redevelopment
For Sale
$485,000
403 N Gray St, Killeen, TX 76541
Interior demolition has left a structural shell for a new build-out in Downtown Killeen’s historic overlay district.
Property Size7,420 SF
Price / SF$65.36
Days on Market252
Property Features for 403 N Gray St
General Information
Standard status
Active
Size
7,420 SF
Property subtype
Commercial
Zoning
B-5
Taxes and HOA fees
Annual Taxes
$7,479
Building Details
Building Size
7,420 SF
Year Built
1966
Buildings
1
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Feb 16
Changed: Oct 26
Last Checked: Oct 26 at 3:35AM
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 DeVillar Properties
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Investment Insights
Based on property information with market context.
At 403 N. Gray Street, this mixed-use property has been stripped to its structural shell, leaving the interior ready for a new build-out. The building dates to 1966 and is zoned B5, with a Historic Overlay District designation. Retail, restaurant, office, entertainment, service, and mixed-use concepts are identified as potential directions for redevelopment.
The property is in Downtown Killeen, within the city’s historic overlay district.
The property is in Downtown Killeen, within the city’s historic overlay district.
Key Highlights
- Interior demolition completed; structural shell remains for redevelopment
- B5 zoning and Historic Overlay District designation
- Potential uses include retail, restaurant, office, entertainment, service, or mixed‑use
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,572
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Interior demolition has left a structural shell for a new build-out in Downtown Killeen’s historic overlay district.
Where is this mixed-use property located?
The property is located at 403 N Gray St Killeen, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Interior demolition completed; structural shell remains for redevelopment; B5 zoning and Historic Overlay District designation; Potential uses include retail, restaurant, office, entertainment, service, or mixed‑use
