Downtown Killeen Investment
For Sale
Contact for pricing
802 North Gray Street, Killeen, TX 76541
Mixed-use property in booming downtown Killeen, Texas.
Property Size9,496 SF
Price / SF$52.55
Days on Market118
Property Features for 802 North Gray Street
General Information
Standard status
Active
Size
9,496 SF
Class
C
Property subtype
Retail, Office, Mixed Use
Zoning
B-2 commercial
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1962
Year Renovated
2000
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
KW Commercial
Listed By:
Ada/Yan Wang · License #TX 0622907
(713) 859-2598
Source:
Crexi
Added: May 14
Changed: Sep 2
Last Checked: Sep 7 at 10:37AM
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 KW Commercial
Investment Insights
Based on property information with market context.
This mixed-use property is a premier investment opportunity located in the heart of booming downtown Killeen, Texas, along the Central Texas Growth Corridor. Killeen is positioned to capitalize on the strong population growth Texas is experiencing. The property offers three separate tenant spaces, with one currently leased, making it an ideal scenario for an investor or owner-user. Downtown Killeen is undergoing a revitalization movement with over 35 new businesses moving to the area. The property offers over 250 feet of high visibility frontage on two major downtown streets. Current local area developments include the Killeen Business Park Expansion, Wolf Technology Park, Dongjin Semichem Facility, Bell County Annex Development, and local retail and residential development. The property size is 9496 square feet. Capital expenditures include a new roof in 2022, parking lot updates, electrical updates, interior and exterior paint, and space build-outs.
Key Highlights
- Priced significantly below market value, offering strong investment potential.
- Located in booming downtown Killeen, part of the Central Texas Growth Corridor.
- High visibility frontage (over 250 feet) on two major downtown streets.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
404
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in booming downtown Killeen, Texas.
Where is this mixed-use property located?
The property is located at 802 North Gray Street Killeen, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Priced significantly below market value, offering strong investment potential.; Located in booming downtown Killeen, part of the Central Texas Growth Corridor.; High visibility frontage (over 250 feet) on two major downtown streets.
