Building Details

Year Built 1999

Listing Agency: John Reider Properties, LC j***@johnreider.com Show Phone

Listed By: John Reider · License #0345039 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Jul 23 at 8:54AM

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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, LC

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

Kple TV Television Studio Christian Assistance Network Charitable Organization Praise Fellowship Church Amag Car Dealership

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Electrical Service Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

445

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

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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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 Rd 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.