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    1323 Way Harker Heights, TX 76548

    For Sale
    $976,180

    High-traffic corner lot, ideal retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.241-acre commercial land parcel in Harker Heights, Texas, presents a remarkable investment opportunity. Located at 1323 & 1321 E Knights Way, this B-4 Business Highway zoned property boasts a prime corner location directly across from a Walmart, ensuring high visibility and accessibility. The site benefits from significant daily traffic volume exceeding 17,000 vehicles per day, making it perfect for a variety of commercial uses, including shopping centers, gas stations, car washes, and other retail or automotive businesses. The property includes two 6-inch water lines (one east, one west) and a 12-inch sewer line, providing ample infrastructure for development. Surrounding the property is a thriving retail environment, including Target, Chick-fil-A, Dick's Sporting Goods, Whataburger, Cheddar's, Cracker Barrel, and Starbucks. Harker Heights is experiencing robust population growth, with a 5.7% increase since 2022, further enhancing the investment potential. Its proximity to Killeen (home to Fort Cavazos, the largest US military base) and Temple (with a 14.5% population growth since 2020) provides a substantial and expanding customer base. The APN is 0531500300, 118784. The asking price is $976,180. This is a rare opportunity to acquire a high-traffic corner lot in a rapidly growing area.

    Property Features for 1323 Way

    General Information

    Property type
    Land
    Lot Size
    97,618 SF

    HighLights

    • High‑visibility corner lot.
    • 2.3‑acre site.
    • Strong population growth: 5.7% increase since 2022.
    • Excellent location: Bedroom community to Killeen, home of Fort Cavazos (largest US military base, 52,000 personnel).
    • Proximity to Temple, experiencing 14.5% population growth since 2020.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Harker Heights
    County
    Bell
    State
    Texas
    Longitude
    -97.647689
    Latitude
    31.05421

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ideal retail.
    Where is this land located?
    The property is located at 1323 Way Harker Heights, TX.
    What is the asking price?
    The asking price for this property is $976,180.
    What are key features of this property?
    This property features: High-visibility corner lot.; 2.3-acre site.; Strong population growth: 5.7% increase since 2022.
    Request Owner's contact information
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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
    1323 Way Harker Heights, TX 76548
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