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    3201 Little Nolan Rd Killeen, TX 76542

    For Sale
    $4,500,000

    Prime Killeen development land, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 74.5-acre property presents a significant development opportunity in the heart of Killeen, Texas. Located just 40 minutes north of Austin, this strategically positioned land boasts 2,956 feet of street frontage and is situated only 900 feet south of Interstate 14, the Fort to Port Highway, experiencing a high average daily vehicle count of over 122,000. The property is zoned R-1 with an agricultural exemption, offering flexibility for various development projects. Existing infrastructure includes a 36-inch sewer line and an 8-inch water line, with electricity readily available at the curb. A portion of the land (approximately 13 acres) is situated within a flood zone and features a creek with mature trees and vines, presenting potential for retention or flood mitigation strategies. The remaining acreage offers ample space for development. The location is ideal for mixed-use projects, including luxury condos, RV parks, or single-family homes. Its proximity to numerous restaurants, retail establishments, and a Walmart Market makes it exceptionally attractive for walkable developments. The property is owned by an LLC and has an APN of 62091. The asking price is $4,500,000, with a land value of $1.38 - $3 per square foot.

    Property Features for 3201 Little Nolan Rd

    General Information

    Property type
    Land
    Lot Size
    3,245,220 SF

    HighLights

    • $4,500,000 asking price for 74.5 acres of land in Killeen, TX.
    • R‑1 zoning with AG exemption.
    • Located 900 feet south of Interstate 14, boasting 122,000+ average daily vehicles.
    • Features 2,956 feet of street frontage, 36" sewer line, 8" water line, and electric at the curb.
    • Suitable for mixed‑use development, including residential, commercial, or recreational uses.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.712571237459
    Latitude
    31.084034732366

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    FAQs

    What type of property is this?
    Land - Prime Killeen development land, mixed-use potential.
    Where is this land located?
    The property is located at 3201 Little Nolan Rd Killeen, TX.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price for 74.5 acres of land in Killeen, TX.; R-1 zoning with AG exemption.; Located 900 feet south of Interstate 14, boasting 122,000+ average daily vehicles.
    Request Owner's contact information
    3201 Little Nolan 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
    3201 Little Nolan Rd Killeen, TX 76542
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