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    4863 31St St Temple, TX 76502

    For Lease
    Contact for pricing

    2.5 Acres, Prime Retail Location

    Lot size:
    108,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 2.5-acre commercial land parcel in Temple, Texas, presents a unique investment opportunity. Ideally situated at 4863 S 31st St, zip code 76502, this property offers significant potential for build-to-suit (BTS) development or ground lease (GL) arrangements. Currently undergoing the initial phase of construction for a medical facility (primary physician and urgent care), this site benefits from its strategic location just 10 minutes from downtown Temple and 12 minutes from downtown Belton. The property's prime location is further enhanced by the proximity to several new residential developments, ensuring a strong and growing customer base. The land is classified as retail and is suitable for multiple tenants. The property is located in Bell County and is currently zoned for commercial use. This is an excellent opportunity to capitalize on the burgeoning growth in the Temple-Belton area. The site's accessibility and visibility make it an attractive location for a variety of retail businesses. With up to 2.5 acres available, this property offers ample space for a large-scale development or multiple smaller projects. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is listed as having a total of 0 square feet of building space, as it is primarily land for development.

    Property Features for 4863 31St St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    108,900 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    108,900 SF
    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
    -97.37554447
    Latitude
    31.05387547

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    FAQs

    What type of property is this?
    Land - 2.5 Acres, Prime Retail Location
    Where is this land located?
    The property is located at 4863 31St St Temple, TX.
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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
    4863 31St St Temple, TX 76502
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