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    Illinois Ave Killeen, TX 76543

    For Sale
    $356,495

    Prime 1.36-acre lot, B-5 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.364-acre commercial land parcel, located on Illinois Ave in Killeen, Texas, presents a compelling investment opportunity. Situated in Bell County, with a zip code of 76543, this property boasts a strategic location diagonally across from Grey Fox Trail, offering excellent visibility and accessibility. The lot is zoned B-5, providing flexibility for a variety of commercial uses. The asking price is $356,495.04. The property's Assessed Parcel Number (APN) is 392796. Ownership is currently held by WB Whitis Investments, LTD. This prime location in Killeen offers significant potential for development, given its proximity to key thoroughfares and its visibility. The property's size and zoning make it suitable for a range of commercial ventures, from retail establishments to light industrial uses. With its strategic location and attractive price point, this land parcel represents a strong investment opportunity in a growing Texas market. Interested parties are encouraged to conduct their own due diligence to verify zoning and permitted uses. The coordinates for this property are latitude 31.0947394 and longitude -97.7171443.

    Property Features for 0 Illinois Ave

    General Information

    Property type
    Land
    Lot Size
    59,416 SF

    HighLights

    • 1.364‑acre commercial lot in Killeen, TX (76543), diagonally across from Grey Fox Trail.
    • B‑5 zoning allows for diverse commercial uses.
    • Asking price: $356,495.04; APN: 392796; Owner: WB Whitis Investments, LTD.
    • Excellent visibility and accessibility due to strategic location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.7171443
    Latitude
    31.0947394

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    FAQs

    What type of property is this?
    Land - Prime 1.36-acre lot, B-5 zoning.
    Where is this land located?
    The property is located at Illinois Ave Killeen, TX.
    What is the asking price?
    The asking price for this property is $356,495.
    What are key features of this property?
    This property features: 1.364-acre commercial lot in Killeen, TX (76543), diagonally across from Grey Fox Trail.; B-5 zoning allows for diverse commercial uses.; Asking price: $356,495.04; APN: 392796; Owner: WB Whitis Investments, LTD.
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    Illinois Ave Killeen, TX 76543
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    Killeen, TX 76543
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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
    Illinois Ave Killeen, TX 76543
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