Retail Redevelopment
For Sale
$500,000
403 N Gray Street, Killeen, TX 76541
COMMERCIAL - Killeen, TX
Property SizeContact for details
Lot Size0.18 Acres
Days on Market111
Property Features for 403 N Gray Street
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
B5
Parking features
Parking Lot
Accessibility
Accessible Approach with Ramp
Subdivision
Killeen Original
Directions
Head southwest on I14, Take exit 284 toward Trimmier Rd, Merge onto E Central Texas Expy, Turn right onto Trimmier Rd, Turn left onto E Hallmark Ave, Turn right onto S Gray St, & Destination will be on the left
Standard status
Active
APN
25641
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
KILLEEN ORIGINAL, BLOCK 006, LOT PT 4, (SE PT
Tax Annual Amount
7480
Legal Description
KILLEEN ORIGINAL, BLOCK 006, LOT PT 4, (SE PT
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1966
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency:
Empyral Group, Llc
(254) 526-0399
Listed By:
Anthony Rodriguez · License #0501389
(254) 526-0399
Added: May 14
Changed: Aug 15
Last Checked: Sep 1 at 5:06AM
MLS# 21178745
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Investment Insights
Based on property information with market context.
Located at 403 N. Gray Street in Killeen, this 1966 retail property offers a 0.175-acre site and an interior reduced to a structural shell. The completed demolition provides a blank starting point for redevelopment, while brick construction, concrete flooring, a metal roof, central air, and electric central heating remain part of the property profile.
The site is within Downtown Killeen’s Historic Overlay District and carries B-5 Central Business District zoning. Public water and public sewer serve the property. Existing site features include a parking lot and an accessible approach with ramp. The property is identified as under construction and may accommodate retail, restaurant, office, entertainment, mixed-use, or service-oriented redevelopment, subject to applicable requirements.
The site is within Downtown Killeen’s Historic Overlay District and carries B-5 Central Business District zoning. Public water and public sewer serve the property. Existing site features include a parking lot and an accessible approach with ramp. The property is identified as under construction and may accommodate retail, restaurant, office, entertainment, mixed-use, or service-oriented redevelopment, subject to applicable requirements.
Key Highlights
- 0.175‑acre retail property at 403 N. Gray Street, Killeen, TX 76541
- Interior demolition completed to create a structural shell for redevelopment
- B‑5 (Central Business District) zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Interior demolition is complete, leaving a customizable structural shell for new build-out.
Where is this retail space located?
The property is located at 403 N Gray Street Killeen, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 0.175‑acre retail property at 403 N. Gray Street, Killeen, TX 76541; Interior demolition completed to create a structural shell for redevelopment; B‑5 (Central Business District) zoning
