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702 Houston Ave Temple, TX 76501

For Sale
$825,000

16,000 SF Flex/Warehouse, Vacant

Property size:
16,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
363
This vacant industrial property in Temple, TX, offers a compelling redevelopment opportunity. Encompassing 16,000 square feet across two buildings on a 2.65-acre lot, this property presents significant potential for investors and users alike. Built in 1973, the property is strategically located within a mile of downtown Temple, providing easy access to key transportation routes, including I-35 (a 16-minute drive) and Loop 363 (3-minute drive). Its position along the sole east-west thoroughfare crossing the railroad tracks north of East Adams Avenue offers unique advantages for contributing to the expansion of East Temple. The property's versatility allows for a range of uses, from redeveloping existing structures to new construction. With projected 8.13% household growth within a 5-mile radius over the next 5 years, this property is well-positioned to capitalize on the growth of the Temple community. The asking price is $825,000, translating to $51.56 per square foot. This presents a strong investment or user opportunity in a thriving Texas market. The property's size and location make it an ideal candidate for various industrial, flex, or warehouse uses. The ample space and strategic location combine to create a unique opportunity for significant return on investment.

Property Features for 702 Houston Ave

General Information

Property type
Distribution properties
Square Feet
16,000 SF
Lot Size
115,434 SF

Building Details

Year Built
1973
Buildings
2

HighLights

  • Redevelopment Opportunity: 16,000 SF on 2.65 acres, offering versatile options for new construction or redevelopment of existing buildings.
  • Investment/User Opportunity: Strong potential for users or investors, given projected 8.13% household growth within a 5‑mile radius over the next 5 years.
  • Growth Corridor Location: Situated on the sole east‑west thoroughfare crossing the railroad tracks north of East Adams Avenue, contributing to East Temple's expansion.
  • Strategic Location: Less than a mile from downtown Temple, with easy access to I‑35 (16‑minute drive) and Loop 363 (3‑minute drive).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Temple
County
Bell
State
Texas
Longitude
-97.331042695195
Latitude
31.101705417071

FAQs

What type of property is this?
Distribution property - 16,000 SF Flex/Warehouse, Vacant
Where is this distribution property located?
The property is located at 702 Houston Ave Temple, TX.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Redevelopment Opportunity: 16,000 SF on 2.65 acres, offering versatile options for new construction or redevelopment of existing buildings.; Investment/User Opportunity: Strong potential for users or investors, given projected 8.13% household growth within a 5-mile radius over the next 5 years.; Growth Corridor Location: Situated on the sole east-west thoroughfare crossing the railroad tracks north of East Adams Avenue, contributing to East Temple's expansion.
More about this property
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