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    1165 Patterson Ave Florence, TX 76527

    For Sale
    $2,133,000

    10-Acre Commercial Property, $2.1M

    Property size:
    14,512 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional 10.05-acre commercial property in Florence, TX, listed at $2,133,000. This expansive site features a substantial 14,512 square foot building, ideal for a variety of commercial uses. The structure includes office space, a kitchenette, and a bathroom, complemented by a large warehouse area. The property boasts ample space for expansion and further development. Located at 1165 N Patterson Avenue, the property offers convenient access via Highway 195, just south of Killeen. Behind the warehouse lies additional farmland, adding to the property's versatility. While a non-working well is present, a water hookup is conveniently located at the roadside. The current owner utilizes a rainwater collection system for sinks and toilets, showcasing a sustainable approach. This property presents a unique opportunity for entrepreneurs and investors seeking a substantial commercial space with significant land for future development in a growing Texas market. The property's size and features make it suitable for a wide range of commercial ventures, from warehousing and distribution to light manufacturing or specialized businesses. Its strategic location offers easy access to major transportation routes, enhancing its appeal and potential for growth. This is a rare opportunity to acquire a substantial commercial property with significant acreage in a desirable location.

    Property Features for 1165 Patterson Ave

    General Information

    Property type
    Land
    Square Feet
    14,512 SF
    Lot Size
    437,778 SF

    HighLights

    • $2,133,000 asking price.
    • 10.05‑acre lot with 14,512 square feet of building space.
    • Commercial property located at 1165 N Patterson Avenue, Florence, TX 76527.
    • Special purpose property consisting of office space, kitchenette, bathroom, and warehouse.
    • Property features a non‑working well and water hookup at the road; current owner utilizes rainwater collection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vale Irvin Homes Home Builder

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Electrical Service Daycare Center Computer & Electronic Repair Tech Support Center Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Williamson
    State
    Texas
    Longitude
    -97.8027774
    Latitude
    30.8559979

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    FAQs

    What type of property is this?
    Land - 10-Acre Commercial Property, $2.1M
    Where is this land located?
    The property is located at 1165 Patterson Ave Florence, TX.
    What is the asking price?
    The asking price for this property is $2,133,000.
    What are key features of this property?
    This property features: $2,133,000 asking price.; 10.05-acre lot with 14,512 square feet of building space.; Commercial property located at 1165 N Patterson Avenue, Florence, TX 76527.
    Request Owner's contact information
    1165 Patterson Ave Florence, TX 76527
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    Florence, TX 76527
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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
    1165 Patterson Ave Florence, TX 76527
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