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    3131 Alton Dr Temple, TX 76504

    For Sale
    Contact for pricing

    1.14-Acre Retail/Restaurant Lot, Build-Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.14-acre commercial lot in Temple, Texas, presents a prime development opportunity. Located in Bell County, at 3131 Alton Dr, zip code 76504, this build-ready site boasts General Retail zoning (GR), making it ideal for a variety of commercial ventures, including retail stores, restaurants, or office spaces. All off-site and public improvements are complete, eliminating significant upfront costs and expediting the development process. The property's strategic location near the intersection of US-190 and TX-363 Loop ensures high visibility and accessibility, attracting significant foot traffic and customer reach. Furthermore, its proximity to the entrance of the new South Pointe neighborhood, a planned community with over 300 homes, guarantees a substantial and growing customer base. The site's convenience is further enhanced by its close proximity to major medical facilities such as Baylor Scott & White and the VA Hospital. Water, sewer, and electricity are readily available, simplifying the construction process. A construction team is already in place, offering the potential for a seamless transition and expedited building process for the new owner. Ground lease terms are negotiable. This is a rare opportunity to acquire a fully prepared commercial lot in a rapidly developing area with excellent potential for high returns.

    Property Features for 3131 Alton Dr

    General Information

    Property type
    Land
    Lot Size
    49,658 SF

    HighLights

    • 1.14‑acre land parcel.
    • Ground lease terms are negotiable.
    • Zoned General Retail (GR).
    • Utilities (water, sewer, and electricity) are available on‑site.
    • Experienced construction team ready to commence building for the new owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.3330943
    Latitude
    31.0589404

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    FAQs

    What type of property is this?
    Land - 1.14-Acre Retail/Restaurant Lot, Build-Ready
    Where is this land located?
    The property is located at 3131 Alton Dr Temple, TX.
    What are key features of this property?
    This property features: 1.14-acre land parcel.; Ground lease terms are negotiable.; Zoned General Retail (GR).
    (254) 778-0196
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    3131 Alton Dr Temple, TX 76504
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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
    3131 Alton Dr Temple, TX 76504
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