Commercial Lot with Road
4806 Clear Creek Road Killeen, TX 76549
New
For Sale
$550,000
COMMERCIAL - Killeen, TX
Property Size1,827 SF
Lot Size0.91 Acres
Price / SF$301.04
Days on Market4
Property Features for 4806 Clear Creek Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-2
- Parking features
- Garage, Driveway
- Standard status
- Active
- APN
- 70885
- Size
- 1,827 SF
- Lot size
- 0.91 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- A0600BC J E MADDERA, 10-2, ACRES .911
- Tax Annual Amount
- 10430
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1988
- Floors in Building
- 1
- Flooring type
- Tile, Carpet, Vinyl
- Building materials
- BrickVeneer, LapSiding, Masonry
- Roof type
- Shingle, Composition
Listing Agency:
Coldwell Banker Realty
(254) 200-3800
Listed By:
Vernon MacHardy · License #0433118
(254) 289-5905
Added: Jul 21
Changed: Jul 24
Last Checked: Jul 24 at 3:06PM
MLS# 620615
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.
A commercial lot totaling approximately 0.911 acres (about 39,683 square feet) is currently zoned B-2. The parcel includes approximately 200 feet of frontage on Clear Creek Road, with a residence on site that is described as livable but not brought up to code for commercial use. The current tenant is month-to-month.
The property is located about one block from the Southeastern intersection of Stan Schlueter Loop and Clear Creek Road. It is presented as convenient to Fort Hood clear creek gate, Mohawk gate, and the main gate (approximately a five-minute drive), as well as the Greater Killeen Airport (approximately a three-minute drive), with easy access to Highway 195.
The seller lists several potential uses including restaurant, professional office building, dental clinic, chiropractic office, laundry mat, car charging station, or multi-family residential building, with commercial use noted as the best use.
The property is located about one block from the Southeastern intersection of Stan Schlueter Loop and Clear Creek Road. It is presented as convenient to Fort Hood clear creek gate, Mohawk gate, and the main gate (approximately a five-minute drive), as well as the Greater Killeen Airport (approximately a three-minute drive), with easy access to Highway 195.
The seller lists several potential uses including restaurant, professional office building, dental clinic, chiropractic office, laundry mat, car charging station, or multi-family residential building, with commercial use noted as the best use.
Key Highlights
- Approx. 1‑acre (39,683 SF) commercial lot with about 200' frontage on Clear Creek Road
- Currently zoned B‑2; includes a livable home not brought up to code for commercial use
- Utilities: public water and public sewer
Financial Insights For Specialty 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 | $37.3k | $20.40 |
| − Vacancy | −$1.9k | −$1.02 |
| EGI | $35.4k | $19.38 |
| − OpEx | −$8.9k | −$4.85 |
| NOI | $26.6k | $14.54 |
1,827 SF · lease $20.40/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$379.4K
$331.9K – $442.6K
NOI $26,555 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.8K
$384.0K – $512.0K
NOI $30,718 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Commercially zoned B-2 lot offers approximately 200 feet of frontage on Clear Creek Road.
Where is this commercial land located?
The property is located at 4806 Clear Creek Road Killeen, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approx. 1‑acre (39,683 SF) commercial lot with about 200' frontage on Clear Creek Road; Currently zoned B‑2; includes a livable home not brought up to code for commercial use; Utilities: public water and public sewer
