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    550 Central Texas Expy Killeen, TX 76541

    For Sale
    $921,294

    1.41 Acres, B-5 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.41-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Killeen, Texas. Located at 550 E Central Texas Expressway, this property boasts a highly desirable corner lot position at the intersection of Weldon Way and the Expressway, ensuring exceptional visibility and accessibility for any commercial venture. The property is zoned B-5, offering a wide range of permitted uses, making it suitable for a diverse array of businesses. The expansive lot size provides ample space for development, allowing for significant flexibility in design and construction. With its strategic location and advantageous zoning, this property is poised for substantial growth and return on investment. The APN is 468885, and the current asking price is $921,294. The property is owned by WLW Enterprises LLC. This prime location in Bell County, Texas, zip code 76541, offers easy access to major transportation routes and a robust local economy. The coordinates are 31.09614442 latitude and -97.73801078 longitude. Don't miss this chance to acquire a highly visible and versatile commercial property in a rapidly expanding market. This is an exceptional opportunity for developers and investors seeking a strategic foothold in a dynamic Texas market.

    Property Features for 550 Central Texas Expy

    General Information

    Property type
    Land
    Lot Size
    61,420 SF
    Property Profile 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
    -97.73801078
    Latitude
    31.09614442

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    FAQs

    What type of property is this?
    Land - 1.41 Acres, B-5 Zoning, High Traffic
    Where is this land located?
    The property is located at 550 Central Texas Expy Killeen, TX.
    What is the asking price?
    The asking price for this property is $921,294.
    Request Owner's contact information
    550 Central Texas Expy Killeen, TX 76541
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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
    550 Central Texas Expy Killeen, TX 76541
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