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    450 Central Texas Expy Killeen, TX 76541

    For Sale
    $691,610

    1.32 Acres, B-5 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.323-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Killeen, Texas. Located at 450 E Central Texas Expressway, this property boasts a highly desirable B-5 zoning designation, opening doors to a wide array of commercial development possibilities. Its strategic location offers unparalleled visibility and accessibility, situated conveniently off Highway 14 and adjacent to the Residence Inn. The property's APN is 468887, and it is currently owned by WLW Enterprises LLC. The asking price for this prime piece of real estate is $691,610.83. Given its size, zoning, and location, this land parcel is ideally suited for a variety of commercial ventures, promising significant returns for the discerning investor. The property's address is 450 E Central Texas Expy, Killeen, TX 76541, within Bell County. Its geographical coordinates are 31.09760704740779 latitude and -97.73878192462996 longitude. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area. Don't miss out on this chance to secure a valuable asset in a prime location. Serious inquiries only.

    Property Features for 450 Central Texas Expy

    General Information

    Property type
    Land
    Lot Size
    57,630 SF

    HighLights

    • 1.32‑acre commercial land parcel in Killeen, TX, at 450 E Central Texas Expy.
    • B‑5 zoning allows diverse commercial development.
    • High visibility and accessibility off Highway 14, adjacent to Residence Inn.
    • APN 468887, owned by WLW Enterprises LLC, listed at $691,610.83.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.73878192463
    Latitude
    31.097607047408

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    FAQs

    What type of property is this?
    Land - 1.32 Acres, B-5 Zoning, High Visibility
    Where is this land located?
    The property is located at 450 Central Texas Expy Killeen, TX.
    What is the asking price?
    The asking price for this property is $691,610.
    What are key features of this property?
    This property features: 1.32-acre commercial land parcel in Killeen, TX, at 450 E Central Texas Expy.; B-5 zoning allows diverse commercial development.; High visibility and accessibility off Highway 14, adjacent to Residence Inn.
    Request Owner's contact information
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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
    450 Central Texas Expy Killeen, TX 76541
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