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    1402 57Th St Temple, TX 76504

    For Sale
    $1,995,000

    6.32 Acres, IH-35 Access, Temple, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.32-acre commercial land parcel presents a rare opportunity in Temple, Texas. Strategically located inside Loop 363, this property enjoys unparalleled access to Interstate 35, a major transportation artery. The LI (Light Industrial) zoning, with IH-35 Overlay, allows for a diverse range of industrial uses. Utilities are readily available along the 57th Street frontage. The site benefits from its proximity to a thriving retail corridor, including national brands like Aaron's, Cavender's, Dollar General, and 7-Eleven, as well as local favorites such as Clem Mikeska's Bar-B-Q and Rylandre's Best Hamburgers. This location also places the property near a dense residential area, ensuring a strong potential customer base. The property's size, zoning, and prime location make it ideal for a variety of commercial developments. The asking price is $1,995,000. The APN is 73861. This is one of the few remaining undeveloped tracts of this size along IH-35 within the loop in Temple. The property is situated one block south of the well-lit intersection of IH-35 and 57th Street, providing excellent visibility and accessibility. Further south, just over half a mile away, is another retail area connected via SW HK Dodgen Loop (US Hwy 190). This presents a unique opportunity to capitalize on the high traffic volume and strong commercial presence in this rapidly growing area of Temple.

    Property Features for 1402 57Th St

    General Information

    Property type
    Land
    Lot Size
    275,299 SF

    HighLights

    • $1,995,000 asking price for 6.32 acres of commercial land.
    • LI (Light Industrial) zoning with IH‑35 overlay.
    • Located in Temple, Texas, at 1402 S 57th St, APN 73861.
    • One of the few remaining undeveloped tracts over 5 acres inside Loop 363, near major retailers and residential areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.3782433
    Latitude
    31.0908872

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    FAQs

    What type of property is this?
    Land - 6.32 Acres, IH-35 Access, Temple, TX
    Where is this land located?
    The property is located at 1402 57Th St Temple, TX.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: $1,995,000 asking price for 6.32 acres of commercial land.; LI (Light Industrial) zoning with IH-35 overlay.; Located in Temple, Texas, at 1402 S 57th St, APN 73861.
    (254) 255-1111
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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
    1402 57Th St Temple, TX 76504
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