Multi-Tenant Commercial Building For
For Sale
$700,000
Pending
502 E ELMS KILLEEN TX 76542, Killeen, TX 76542
Multi-tenant commercial building with cash-flow potential and future rent growth.
Property Size9,600 SF
Lot Size1.00 Acre
Days on Market224
Property Features for 502 E ELMS KILLEEN TX 76542
General Information
Standard status
Pending
Size
9,600 SF
Lot size
1.00 Acre
Property subtype
Commercial
Zoning
B-5
Building Details
Year Built
1999
Stories
2
Listing Agency:
John Reider Properties II, Ltd
(254) 699-8300
Listed By:
John Reider · License #0345039
(254) 289-2400
Source:
Kwsanantonio
Added: Jan 27
Changed: Sep 4
Last Checked: Sep 2 at 1:15PM
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 John Reider Properties II, Ltd
Investment Insights
Based on property information with market context.
This multi-tenant commercial building presents an investment opportunity with immediate cash-flow potential and future rent growth. The property is situated on nearly one acre and features a spacious rear parking area and excellent ingress/egress. It benefits from strong visibility along a highly traveled road. Zoned B-5 Commercial, the site accommodates a wide range of business uses. The building is in great condition, providing a turnkey opportunity to acquire a versatile commercial property in a growing market. The location has a bike score of 43, indicating it is somewhat bikeable, and a walk score of 47, suggesting car dependence.
Key Highlights
- Immediate cash‑flow potential with upside for future rent growth.
- Located on nearly one full acre with a spacious rear parking area.
- Excellent ingress/egress and strong visibility on highly traveled E. Elm Rd.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76542, TX
53,312
Population
21,027
Households
2.5
Avg Household Size
32
Median Age
29%
College-Educated
94%
High-School Grad
63.0 sq mi
ZIP Area
846
Density / Sq Mi
$72,891
Median Household Income
$42,506
Median Earnings
$1,237
Median Rent
$228,500
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.
Frequently Asked Questions
What type of property is this?
Storefront property - Multi-tenant commercial building with cash-flow potential and future rent growth.
Where is this storefront property located?
The property is located at 502 E ELMS KILLEEN TX 76542 Killeen, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Immediate cash‑flow potential with upside for future rent growth.; Located on nearly one full acre with a spacious rear parking area.; Excellent ingress/egress and strong visibility on highly traveled E. Elm Rd.
