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5Th St Temple, TX 76501

For Sale
$761,537

3.33 Acres, High-Growth Area

Description

Added:
Dec 11, 2024
Days on Market:
364
This exceptional 3.33-acre commercial land parcel in Temple, Texas, presents a remarkable investment opportunity. Located on 5th Street in Bell County (zip code 76501), this property is zoned for Commercial (C) and Office (O-2) uses, offering significant development potential. Priced at $761,537 ($1.83/sq ft), the land boasts a prime location in a rapidly expanding area of Temple, situated conveniently near major economic drivers. The property benefits from its proximity to Baylor Scott & White, the VA Hospital, Temple College, Texas A&M College of Medicine, and a thriving retail district on 31st Street. Furthermore, it's within a mile of the Temple Medical Education District (TMED), a community redevelopment project focused on long-term economic growth. The surrounding area is experiencing substantial growth, with the addition of three new apartment complexes (each over 250 units) and over 2,000 new homes planned within the next five years. This strategic location makes it ideal for retail establishments, neighborhood stores, or office developments, capitalizing on the increased residential population and the presence of major medical facilities and educational institutions. The property's proximity to Raye-Allen Elementary School, Friar's Creek Nature Trail, Lions Junction Family Water Park, and the South Temple Disc Golf Course adds to its appeal. This is a rare opportunity to acquire land in one of Temple's fastest-growing areas, poised for significant future appreciation. The property is easily accessible via IH 35, situated between Austin and Waco.

Property Features for 0 5Th St

General Information

Property type
Land
Lot Size
145,055 SF

HighLights

  • $761,537 asking price.
  • 3.33‑acre commercial land parcel.
  • Zoned Commercial (C) and Office (O‑2).
  • $1.83/SF land value.
  • Located in Temple, TX, 76501, on 5th Street.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Temple
County
Bell
State
Texas
Longitude
-97.3408262
Latitude
31.1060385

FAQs

What type of property is this?
Land - 3.33 Acres, High-Growth Area
Where is this land located?
The property is located at 5Th St Temple, TX.
What is the asking price?
The asking price for this property is $761,537.
What are key features of this property?
This property features: $761,537 asking price.; 3.33-acre commercial land parcel.; Zoned Commercial (C) and Office (O-2).
More about this property
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