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    00 Fortt Hood St Killeen, TX 76549

    For Sale
    $1,855,656

    High-traffic commercial land, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.1-acre commercial land parcel in Killeen, Texas, presents a remarkable investment opportunity. Strategically located on S Fort Hood St (Highway 195), this property boasts over 1000 feet of highway frontage and approximately 300 feet of depth. Currently zoned PUD (Planned Unit Development) and planned for commercial use, this site offers significant potential. The property is ideally situated next to a new residential development, with Phase 1 comprising 113 homes currently under construction, ensuring a strong and growing customer base. 2022 TxDOT traffic counts reveal a daily average of 28,381 vehicles on Highway 195, highlighting the high visibility and accessibility of this location. The property's proximity to Fort Cavazos, the Texas Veterans Cemetery, and major transportation arteries like Highway 201 (leading to Texas A&M and Killeen Regional Airport) and Sta Schlueter Loop further enhances its appeal. Preliminary assessments suggest the availability of water, sewer, and electricity. The property is offered as a whole at $6 per square foot or in sections. Plat planning is underway. This is a prime opportunity to capitalize on the growth and development in this thriving area of Killeen. A neighboring 3-acre lot, already platted and part of Phase 1, is also available.

    Property Features for 00 Fortt Hood St

    General Information

    Property type
    Land
    Lot Size
    309,276 SF

    HighLights

    • $1,855,656 asking price for 7.1 acres of commercial land.
    • Located in Killeen, TX, on S Fort Hood St (Hwy 195), with 1000+ ft of highway frontage.
    • Zoned PUD, planned for commercial development.
    • High traffic count (28,381 vehicles/day in 2022).
    • Adjacent to a new residential neighborhood (Phase 1: 113 homes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.7600086
    Latitude
    31.0374657

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    FAQs

    What type of property is this?
    Land - High-traffic commercial land, excellent location.
    Where is this land located?
    The property is located at 00 Fortt Hood St Killeen, TX.
    What is the asking price?
    The asking price for this property is $1,855,656.
    What are key features of this property?
    This property features: $1,855,656 asking price for 7.1 acres of commercial land.; Located in Killeen, TX, on S Fort Hood St (Hwy 195), with 1000+ ft of highway frontage.; Zoned PUD, planned for commercial development.
    (254) 699-8300
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    00 Fortt Hood St Killeen, TX 76549
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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
    00 Fortt Hood St Killeen, TX 76549
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