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    Adams Ave Temple, TX 76501

    Sponsored
    For Sale
    $11,266,706

    32-acre mixed-use development opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 32-acre commercial land parcel presents a unique investment opportunity in Temple, Texas. Strategically located at the intersection of Highway 317 and West Adams, this property boasts prime access to a thriving area with nearby parks, restaurants, shopping, and schools within the Belton ISD. Less than a mile from Lake Belton High School, this site is within Temple city limits, offering significant advantages. Its proximity to major amenities is further enhanced by its location just six miles from the future Meta Platforms data center and nine miles from Scott & White hospital, the Veterans Hospital, Children's Hospital, and Temple College. Currently zoned for agricultural use, the City of Temple's future land use plan designates this site for Suburban Commercial zoning, and the city has expressed receptiveness to mixed-use development. Preliminary discussions with TxDOT suggest potential for up to three access points from Highway 317. Existing infrastructure includes a 16' water line along the eastern boundary and a 12' sewer main along the southern property line. Oncor confirms electricity availability, and AT&T cable service is also available in the area. This property offers substantial potential for a variety of commercial and mixed-use developments, making it an exceptional investment prospect. The asking price is $11,266,706.

    Property Features for 0 Adams Ave

    General Information

    Property type
    Land
    Lot Size
    1,393,920 SF

    HighLights

    • Prime location in Temple's rapidly growing West Adams area, near amenities.
    • Belton ISD schools, less than a mile from Lake Belton High School.
    • Located within Temple city limits.
    • Six miles from the future Meta Platforms data center.
    • Nine miles from Scott & White Hospital, Veterans Hospital, Children's Hospital, and Temple College.
    • Currently undeveloped, AG zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.2437105
    Latitude
    31.082147

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    FAQs

    What type of property is this?
    Land - 32-acre mixed-use development opportunity
    Where is this land located?
    The property is located at Adams Ave Temple, TX.
    What is the asking price?
    The asking price for this property is $11,266,706.
    What are key features of this property?
    This property features: Prime location in Temple's rapidly growing West Adams area, near amenities.; Belton ISD schools, less than a mile from Lake Belton High School.; Located within Temple city limits.
    Request Owner's contact information
    Adams Ave Temple, TX 76501
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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
    Adams Ave Temple, TX 76501
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