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    Roy Reynolds Dr Harker Heights, TX 76543

    For Sale
    $1,986,728

    30 Acres, B4 Zoning, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 30.406-acre commercial land parcel presents a significant investment opportunity in Killeen, Texas. Strategically located on the western side of Roy Reynolds Drive, between Veterans Memorial Boulevard and Roy J. Smith Drive, this property boasts approximately 1,340 feet of frontage along Roy Reynolds Drive. The land is zoned B-4, allowing for a wide range of commercial uses, including those permitted under B-3, B-2, and B-1 zoning classifications. A key advantage is the existing infrastructure: a 24-inch water supply line is situated near the southeast corner, while a 12-inch wastewater line runs along the northern and eastern property lines. Electricity is readily available through a deregulated energy provider. The asking price is $1,986,728, calculated at $1.50 per square foot. Note that this acreage is net of FEMA floodplain. This property's size, zoning, and location make it ideal for a variety of commercial developments. The convenient access to major roadways and existing utilities significantly reduces development costs and time. Don't miss this chance to acquire a substantial commercial land holding in a rapidly growing Texas market. The property is situated in Bell County, Texas, with a 76543 zip code.

    Property Features for 0 Roy Reynolds Dr

    General Information

    Property type
    Land
    Lot Size
    1,324,485 SF

    HighLights

    • $1,986,728 asking price for 30.406 acres of commercial land.
    • Located in Killeen, TX, on N Roy Reynolds Dr, between Veterans Memorial Blvd and Roy J. Smith Dr.
    • B‑4 zoning allows for various commercial uses.
    • Approximately 1,340 linear feet of frontage on Roy Reynolds Drive.
    • Utilities including water, wastewater, and electricity are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harker Heights
    County
    Bell
    State
    Texas
    Longitude
    -97.672162
    Latitude
    31.0968825

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    FAQs

    What type of property is this?
    Land - 30 Acres, B4 Zoning, Excellent Location
    Where is this land located?
    The property is located at Roy Reynolds Dr Harker Heights, TX.
    What is the asking price?
    The asking price for this property is $1,986,728.
    What are key features of this property?
    This property features: $1,986,728 asking price for 30.406 acres of commercial land.; Located in Killeen, TX, on N Roy Reynolds Dr, between Veterans Memorial Blvd and Roy J. Smith Dr.; B-4 zoning allows for various commercial uses.
    Request Owner's contact information
    Roy Reynolds Dr Harker Heights, TX 76543
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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
    Roy Reynolds Dr Harker Heights, TX 76543
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