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    3508 5Th St Temple, TX 76502

    For Sale
    $487,654

    Prime 2.2-acre commercial lot in Temple, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.239-acre platted lot presents a remarkable opportunity for commercial development in Temple, Texas. Located at 3508 S 5th St, this property boasts excellent visibility and accessibility, situated along a major thoroughfare. The GR-PD zoning permits a variety of commercial uses, making it ideal for retail, office, or a mixed-use development. Its strategic location offers unparalleled convenience, with close proximity to key amenities and significant traffic generators. Nearby establishments include Baylor Scott & White Main Hospital, the VA Hospital, Temple College, HEB, Temple Mall, Walmart, Sam's Club, and numerous restaurants and retail businesses. This high-traffic area ensures strong visibility and potential for high returns on investment. The asking price for this prime commercial land is $487,654. The property's size and location make it an attractive investment for developers seeking a high-impact commercial venture in a thriving Texas community. Don't miss this chance to acquire a highly desirable commercial lot in a rapidly growing area. The property is zoned GR-PD and offers significant potential for a variety of commercial uses. Act quickly to secure this exceptional opportunity.

    Property Features for 3508 5Th St

    General Information

    Property type
    Retail properties
    Lot Size
    97,531 SF

    HighLights

    • Platted lot ready for development.
    • High visibility and excellent accessibility from major roadways.
    • Convenient regional location with strong access to amenities and workforce.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.357705
    Latitude
    31.063023

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    FAQs

    What type of property is this?
    Retail property - Prime 2.2-acre commercial lot in Temple, TX
    Where is this retail property located?
    The property is located at 3508 5Th St Temple, TX.
    What is the asking price?
    The asking price for this property is $487,654.
    What are key features of this property?
    This property features: Platted lot ready for development.; High visibility and excellent accessibility from major roadways.; Convenient regional location with strong access to amenities and workforce.
    Request Owner's contact information
    3508 5Th St Temple, TX 76502
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    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
    3508 5Th St Temple, TX 76502
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