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    121 Kegley Rd Temple, TX 76502

    For Sale
    $2,178,000

    Prime Temple location, high visibility, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4-acre commercial land parcel, located at 121 S Kegley Rd, Temple, TX 76502 (APN 506963), presents a remarkable investment opportunity. Zoned PD - Commercial, this property boasts a highly visible location with easy access to Interstate Highway 35 and W. Adams Avenue, situated within Temple's western growth corridor. Kegley Road is undergoing a significant expansion to a three-lane road (Phases 3 & 4), projected for completion in Winter 2024, enhancing accessibility and visibility. The intersection features a four-way traffic signal, ensuring optimal traffic flow. This prime location is just blocks from a future HEB site and enjoys close proximity to a variety of established businesses, including Wildflower Country Club, several apartment complexes (Village at Pepper Creek, Wildflower Villas, Summit Ridge), Walmart, Sparetime Family Fun, CEFCO and Stripes convenience stores, a carwash, Christian Brother Automotive, Bahama Bucks, and numerous other retailers. The asking price for this strategically positioned property is $2,178,000. This represents a unique chance to capitalize on Temple's thriving commercial sector and benefit from the ongoing infrastructure improvements in the area. Don't miss this opportunity to secure a prominent location in a rapidly developing area.

    Property Features for 121 Kegley Rd

    General Information

    Property type
    Land
    Lot Size
    174,240 SF

    HighLights

    • Excellent regional accessibility.
    • Easy IH‑35 access.
    • Direct Kegley Road connection to W. Adams Ave, Temple's western growth corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.400918090984
    Latitude
    31.111573740203

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    FAQs

    What type of property is this?
    Land - Prime Temple location, high visibility, near major retailers.
    Where is this land located?
    The property is located at 121 Kegley Rd Temple, TX.
    What is the asking price?
    The asking price for this property is $2,178,000.
    What are key features of this property?
    This property features: Excellent regional accessibility.; Easy IH-35 access.; Direct Kegley Road connection to W. Adams Ave, Temple's western growth corridor.
    (817) 482-3452
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    121 Kegley Rd Temple, TX 76502
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