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    511 Canyon Creek Dr Temple, TX 76502

    For Sale
    $192,818

    Prime 0.68 acres, high visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.681-acre commercial lot is ideally situated on Canyon Creek Drive in Temple, Texas, offering unparalleled visibility and accessibility. Zoned GR-PD, this platted lot presents a remarkable opportunity for retail or office development. Its strategic location provides convenient access to a wealth of amenities and a high-traffic area. Nearby establishments include Baylor Scott & White Main Hospital, the VA Hospital, Temple College, and a wide array of retail options such as HEB, Kohl's, Walmart, Sam's Club, and numerous restaurants. The property's prominent frontage along Canyon Creek Drive ensures excellent exposure to potential customers and clients. Adjacent lots are also available for purchase, presenting the possibility of acquiring a larger contiguous parcel. The property's APN is 516812. This is a rare opportunity to secure a highly desirable commercial lot in a thriving Texas community. The asking price is $192,818.

    Property Features for 511 Canyon Creek Dr

    General Information

    Property type
    Land
    Lot Size
    29,664 SF

    HighLights

    • $192,818 asking price for a 0.681‑acre commercial land lot.
    • Platted lot with excellent visibility and accessibility in a regionally convenient location.
    • Frontage along Canyon Creek Drive in Temple, TX, with adjacent lots also available for sale.
    • GR‑PD zoning.
    • APN: 516812.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.361582307311
    Latitude
    31.058135559476

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    FAQs

    What type of property is this?
    Land - Prime 0.68 acres, high visibility
    Where is this land located?
    The property is located at 511 Canyon Creek Dr Temple, TX.
    What is the asking price?
    The asking price for this property is $192,818.
    What are key features of this property?
    This property features: $192,818 asking price for a 0.681-acre commercial land lot.; Platted lot with excellent visibility and accessibility in a regionally convenient location.; Frontage along Canyon Creek Drive in Temple, TX, with adjacent lots also available for sale.
    (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
    511 Canyon Creek Dr Temple, TX 76502
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