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    4200 5Th St Temple, TX 76502

    For Sale
    $475,000

    1.45-Acre QSR/Convenience Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 1.45-acre retail property in Temple, Texas, is located at 4200 S 5th St, 76502, on a busy intersection. Zoned for general retail, it offers exceptional development potential due to its proximity to major medical facilities (Baylor Scott & White, VA Hospital, Temple College, Texas A&M College of Medicine), a thriving retail district on 31st Street, and numerous residential areas including the new Encore apartments and several new neighborhood developments. The property includes a 1458 sq ft home built in 1981, adaptable for office use or demolition. Existing utilities include a 3” water line along the front, a 12” water line across South 5th Street, and a 24” main sewer line at the rear. The location benefits from Temple's robust growth, particularly in the south, fueled by the Temple Medical Education District (TMED) redevelopment and high new home construction rates. This site is ideally suited for QSR, convenience stores, or other neighborhood-serving businesses, capitalizing on the area's expanding population and strong economic drivers. The asking price is $475,000.

    Property Features for 4200 5Th St

    General Information

    Property type
    Individual retail properties
    Lot Size
    63,162 SF

    HighLights

    • $475,000 asking price for a 1.45‑acre retail property in Temple, TX.
    • General retail zoning allows for QSR/Fast Food and convenience store uses.
    • Located at 4200 S 5th St, Temple, TX 76502, on a busy intersection with excellent access to major roadways.
    • Existing utilities include a 3" water line, a 12" water line across the street, and a 24" sewer line.
    • Property includes a 1458 sq ft building, suitable for conversion or demolition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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
    -97.359133094896
    Latitude
    31.056743971716

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    FAQs

    What type of property is this?
    Individual retail property - 1.45-Acre QSR/Convenience Site
    Where is this individual retail property located?
    The property is located at 4200 5Th St Temple, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: $475,000 asking price for a 1.45-acre retail property in Temple, TX.; General retail zoning allows for QSR/Fast Food and convenience store uses.; Located at 4200 S 5th St, Temple, TX 76502, on a busy intersection with excellent access to major roadways.
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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
    4200 5Th St Temple, TX 76502
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