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    Canyon Creek Dr Temple, TX 76502

    For Sale
    $4,000,000

    Prime 15-acre commercial lot near TMED.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 15.381-acre commercial land parcel presents a unique investment opportunity in Temple, Texas. Located on Canyon Creek Drive, zip code 76502, this property boasts a General retail, Office 2 zoning designation, offering considerable flexibility for development. Its strategic location places it within one mile of the Temple Medical Education District (TMED), a rapidly expanding area driving significant economic growth in south Temple. The TMED initiative is a community-wide redevelopment project focused on long-term economic vitality, making this site a prime beneficiary of increased investment in the area. The property's proximity to major economic drivers within the community further enhances its value and potential. This 15-acre tract offers developers a chance to capitalize on Temple's robust growth trajectory and the considerable advantages offered by its location near the TMED. The expansive lot size provides ample space for a variety of commercial developments, catering to the needs of a thriving community. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Bell County location provides access to a strong regional market.

    Property Features for 0 Canyon Creek Dr

    General Information

    Property type
    Land
    Lot Size
    669,996 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.363767
    Latitude
    31.059938

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    FAQs

    What type of property is this?
    Land - Prime 15-acre commercial lot near TMED.
    Where is this land located?
    The property is located at Canyon Creek Dr Temple, TX.
    What is the asking price?
    The asking price for this property is $4,000,000.
    (254) 791-8700
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    Canyon Creek Dr Temple, TX 76502
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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
    Canyon Creek Dr Temple, TX 76502
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