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    . Marlandwood Rd Temple, TX 76502

    For Sale
    Contact for pricing

    5.71 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5.71-acre parcel in Temple, Texas, is ideally situated at a busy intersection on the city's rapidly developing south side. Zoned for General Retail, this property boasts extraordinary development potential due to its proximity to major medical facilities including Baylor Scott & White, the VA Hospital, and Texas A&M College of Medicine. The location also benefits from its adjacency to Temple College, a significant retail district on 31st Street, and numerous big-box retailers such as Sam's Club, Walmart, Lowe's, and Sears. The area is experiencing substantial growth in multi-family housing, with new townhomes and apartments within a one-mile radius. Nearby amenities include Raye-Allen Elementary School, Friar's Creek Nature Trail, Lions Junction Family Water Park, and the South Temple Disc Golf Course. The property features existing infrastructure, including a 10" water line along the west side, a 12" water line across Azalea, and a 6" sewer line near the rear. This makes it an excellent site for neighborhood offices and general retail services. The strategic location and existing utilities present a compelling investment opportunity for developers and businesses seeking high visibility and access to a thriving community.

    Property Features for . Marlandwood Rd

    General Information

    Property type
    Land
    Lot Size
    248,728 SF

    HighLights

    • 10" water line on west property border.
    • 12" water line across Azalea.
    • 6" sewer line at rear of property.
    • General Retail zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.3711723
    Latitude
    31.0649485

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    FAQs

    What type of property is this?
    Land - 5.71 Acres, Prime Retail Location
    Where is this land located?
    The property is located at . Marlandwood Rd Temple, TX.
    What are key features of this property?
    This property features: 10" water line on west property border.; 12" water line across Azalea.; 6" sewer line at rear of property.
    (254) 791-8700
    Request Owner's contact information
    . Marlandwood Rd 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
    . Marlandwood Rd Temple, TX 76502
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