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    Commerce Dr Killeen, TX 76543

    For Sale
    $415,000

    ±2.95 Acres, Industrial Park, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This ±2.95-acre commercial land parcel presents a compelling development opportunity within a thriving Killeen, Texas industrial park. Zoned M-1, the property boasts a strategic location directly across from a Killeen ISD high school with over 2,100 students (2024 enrollment). Its proximity to Fort Cavazos, a major US Army installation with a significant economic impact, offers exceptional potential. The site is conveniently located approximately 1 mile from Fort Cavazos, a 214,000-acre facility contributing an estimated $28.8 billion to the Texas economy. Furthermore, the property benefits from the potential reactivation of an existing rail spur, providing direct access to the BNSF main line. The site enjoys excellent access to major thoroughfares, being approximately 12 minutes from E Veterans Memorial Blvd, a road with over 121,000 vehicles daily. Killeen's central Texas location, approximately 67 miles north of Austin and within 125 miles of both Dallas and San Antonio, provides unparalleled access to serve the entire state. The land is priced at $415,000, or $3.23 per square foot. This exceptional property offers a rare combination of location, accessibility, and development potential, making it an ideal investment for discerning buyers.

    Property Features for 0 Commerce Dr

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    HighLights

    • ±2.95‑acre M‑1 zoned commercial land parcel in a Killeen, TX industrial park, directly across from a high school with over 2,100 students.
    • Potential to reactivate an existing rail spur providing BNSF main line access.
    • Less than 1 mile from Fort Cavazos, a 214,000‑acre US Army installation with an estimated $28.8 billion economic impact.
    • Approximately 12 minutes from E Veterans Memorial Blvd, a major thoroughfare with over 121,000 vehicles daily.
    • Strategically located in Central Texas, approximately 67 miles north of Austin and within 125 miles of Dallas and San Antonio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.704205961856
    Latitude
    31.11289869534

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    FAQs

    What type of property is this?
    Land - ±2.95 Acres, Industrial Park, High Traffic
    Where is this land located?
    The property is located at Commerce Dr Killeen, TX.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: ±2.95-acre M-1 zoned commercial land parcel in a Killeen, TX industrial park, directly across from a high school with over 2,100 students.; Potential to reactivate an existing rail spur providing BNSF main line access.; Less than 1 mile from Fort Cavazos, a 214,000-acre US Army installation with an estimated $28.8 billion economic impact.
    (512) 686-1070
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    Commerce Dr Killeen, TX 76543
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    Killeen, 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
    Commerce Dr Killeen, TX 76543
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