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3 S 5th St, Temple, TX 76504

Land with development potential near medical, educational, and retail hubs.

Property SizeContact for details
Days on Market1363

Property Features for 3 S 5th St

General Information

Standard status Active
Property subtype Land
Zoning Zoned Commercial (C) and Office 2 (O-2)
Listing Agency: Central Realty Partners
Listed By: Scott Motsinger · License #TX 526810
Source: Crexi
Added: Nov 14, 2022 Changed: Aug 8 Last Checked: Aug 7 at 7:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Central Realty Partners

Investment Insights

Based on property information with market context.

Located in Temple, Texas, along IH 35 between Austin and Waco, this property is situated on the south side of Temple in an area anticipated for growth. The location offers development potential due to its proximity to Baylor Scott & White, the VA Hospital, Temple College, Texas A&M College of Medicine, and the retail district on 31st Street. Nearby amenities include Raye-Allen Elementary School, Friar’s Creek Nature Trail, Lions Junction Family Water Park, and the South Temple Disc Golf Course. The property is located within proximity to three new apartment complexes with over 250 units each, and over 2,000 new home starts are projected within the next 5 years. The location is suitable for retail, neighborhood stores, or office use. It is located within a mile of the Temple Medical Education District (TMED), a community-wide redevelopment effort focused on the long-term economic vitality of a critical area of Temple. The area is experiencing rapid growth, and the site benefits from increased investment in south Temple and its proximity to major economic drivers for the community.

Key Highlights

  • Extraordinary development potential near Baylor Scott & White, VA Hospital, Temple College, Texas A&M College of Medicine, and the 31st Street retail district.
  • Located in the Temple Medical Education District (TMED), ensuring long‑term economic vitality.
  • Positioned for significant growth in the rapidly growing south side of Temple.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Big Box & Wholesale Store Storage Facility Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby

Demographics for 76504, TX

24,682
Population
11,068
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
30.8 sq mi
ZIP Area
801
Density / Sq Mi
$50,420
Median Household Income
$35,753
Median Earnings
$1,106
Median Rent
$162,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land with development potential near medical, educational, and retail hubs.
Where is this commercial land located?
The property is located at 3 S 5th St Temple, TX.
What is the asking price?
The asking price for this property is $761,538.
What are key features of this property?
This property features: Extraordinary development potential near Baylor Scott & White, VA Hospital, Temple College, Texas A&M College of Medicine, and the 31st Street retail district.; Located in the Temple Medical Education District (TMED), ensuring long‑term economic vitality.; Positioned for significant growth in the rapidly growing south side of Temple.
(254) 791-8700 Call to check price and availability
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