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    254 Hilliard Rd Temple, TX 76502

    For Lease
    $0.95 SF/Yr

    1.33-acre commercial lot, ideal retail.

    Lot size:
    57,804 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.33-acre commercial land parcel presents a unique investment opportunity in Temple, Texas. Located at 254 Hilliard Rd, zip code 76502, this property is zoned GR - General Retail, allowing for a wide range of retail development possibilities. The lot's size provides ample space for a substantial building or a smaller development with ample parking. Its strategic location offers significant advantages, particularly given its proximity to the new Crossroads Park Sports Complex. Scheduled for completion in Summer 2019, this complex will boast eight soccer fields, eight baseball/softball fields, six tennis courts, a playground, batting cages, and more. This state-of-the-art facility is anticipated to attract significant regional and national sporting events and tournaments, generating substantial foot traffic and visibility for businesses in the immediate vicinity. The property's address is 254 Hilliard Rd, Temple, TX 76502 (latitude 31.1195861, longitude -97.4160821). This presents a rare chance to capitalize on the anticipated growth and increased consumer activity spurred by this major recreational development. The single-tenancy zoning provides flexibility for a variety of retail concepts. Don't miss this opportunity to secure a prime location in a rapidly developing area.

    Property Features for 254 Hilliard Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,804 SF

    Unit(s) available at that property

    Space
    Size
    57,804 SF
    Rate per SF
    $0.95

    HighLights

    • High‑profile location directly across from a Walmart.
    • Exceptional street visibility.
    • Commanding hilltop location offering excellent curb appeal.
    • Convenient regional access.
    • Proximity to Temple University's new mega sports complex.
    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
    -97.4160821
    Latitude
    31.1195861

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    FAQs

    What type of property is this?
    Land - 1.33-acre commercial lot, ideal retail.
    Where is this land located?
    The property is located at 254 Hilliard Rd Temple, TX.
    What is the lease rate?
    The lease rate is $0.95 SF/Yr.
    What are key features of this property?
    This property features: High-profile location directly across from a Walmart.; Exceptional street visibility.; Commanding hilltop location offering excellent curb appeal.
    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
    254 Hilliard Rd Temple, TX 76502
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