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    River Oaks Dr Killeen, TX 76543

    For Sale
    $1,007,760

    Prime Killeen commercial land, B5 zoning, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6.61-acre commercial land parcel presents a remarkable investment opportunity in Killeen, Texas. Located at the southeast corner of South Twin Creek Drive and River Oaks Drive, this property boasts approximately 918 feet of frontage along South Twin Creek Drive. The land is net of FEMA floodplain, ensuring development viability. The property is zoned B-5, a versatile zoning designation that permits a wide range of commercial uses, including those allowed under B-4, B-3, and B-1 zoning classifications. This flexibility allows for diverse development options to suit various business needs. Significant infrastructure advantages are already in place, including a readily available 6-inch water line and a 12-inch wastewater line running along the frontage of South Twin Creek Drive. Electricity is also conveniently accessible through a deregulated energy provider, simplifying the development process. Situated in Bell County, Texas, with a 76543 zip code, this property offers unparalleled access and visibility, making it an ideal location for a variety of commercial ventures. The asking price for this strategically located and well-equipped property is $1,007,760. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Texas market.

    Property Features for 0 River Oaks Dr

    General Information

    Property type
    Land
    Lot Size
    287,932 SF

    HighLights

    • 6.61‑acre commercial land parcel in Killeen, TX.
    • ±918' of frontage on South Twin Creek Drive.
    • 6" water line and 12" wastewater line along South Twin Creek Drive frontage.
    • Electricity available via deregulated provider.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.692063
    Latitude
    31.100408

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    FAQs

    What type of property is this?
    Land - Prime Killeen commercial land, B5 zoning, excellent access.
    Where is this land located?
    The property is located at River Oaks Dr Killeen, TX.
    What is the asking price?
    The asking price for this property is $1,007,760.
    What are key features of this property?
    This property features: 6.61-acre commercial land parcel in Killeen, TX.; ±918' of frontage on South Twin Creek Drive.; 6" water line and 12" wastewater line along South Twin Creek Drive frontage.
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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
    River Oaks Dr Killeen, TX 76543
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