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    Cunningham Rd Killeen, TX 76542

    For Sale
    $4,500,006

    Prime Commercial/Residential Land, I-14 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 74.5-acre tract of Class A land presents a unique investment opportunity in Killeen, Texas. Ideally situated just 900 feet from Interstate 14, a major thoroughfare boasting over 150,000 vehicles daily and slated for a Texas Department of Transportation expansion, this property offers unparalleled visibility and accessibility. Currently zoned R-1, the land is primed for development, with the city demonstrating a pro-development stance towards zoning changes. The location is surrounded by a thriving mix of retail, hotels, restaurants, medical facilities, and residential areas, ensuring high demand and strong potential for future growth. The property is offered at $4,500,006 fee simple and is divisible, making it suitable for both large-scale projects and smaller developers seeking to create multi-family, retail, restaurant, or residential developments. This buy-and-hold opportunity allows for immediate income generation or strategic re-platting for future development. The property's size ranges from 20 to 74.5 acres, providing flexibility for various development plans. Located in Bell County, Texas, with a Killeen address on Cunningham Rd, zip code 76542, this property offers a compelling combination of location, zoning potential, and development flexibility.

    Property Features for 0 Cunningham Rd

    General Information

    Property type
    Land
    Class
    A
    Lot Size
    871,200 SF

    HighLights

    • Excellent Investment Opportunity: Strong Buy‑and‑Hold Potential
    • Redevelopment Potential: Suitable for multi‑family, retail, restaurant, or residential projects via re‑platting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.71282832896
    Latitude
    31.083732343269

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, I-14 Access
    Where is this land located?
    The property is located at Cunningham Rd Killeen, TX.
    What is the asking price?
    The asking price for this property is $4,500,006.
    What are key features of this property?
    This property features: Excellent Investment Opportunity: Strong Buy-and-Hold Potential; Redevelopment Potential: Suitable for multi-family, retail, restaurant, or residential projects via re-platting.;
    Request Owner's contact information
    Cunningham Rd Killeen, TX 76542
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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
    Cunningham Rd Killeen, TX 76542
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