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    5405 Adams Ave Temple, TX 76502

    For Lease
    $2.00 SF/Yr

    High-traffic corner lot, ready to build.

    Lot size:
    89,995 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.066-acre commercial land parcel presents a prime investment opportunity in Temple, Texas. Situated at the highly visible southeast corner of West Adams Avenue (FM 2305) and Kegley Road, this single platted lot benefits from significant traffic flow. West Adams Avenue (FM 2305) has recently been widened to five lanes, catering to the expanding western growth area of Temple. The intersection boasts a four-way traffic signal, ensuring optimal visibility and accessibility. This location is surrounded by established businesses, including a Sonic Drive-In, Bush's Chicken, CEFCO Convenience Store, Take One Video, Classic Cleaners, a new Sparetime Family Fun Center, a new Carwash Barn, and a new Stripes C-Store, creating a vibrant and thriving commercial environment. The property is zoned PD-13 under Planned Development Ordinance #1699. The seller is open to subdividing the lot, offering flexibility for various development scenarios. This property is ideal for developers seeking a high-traffic location with strong existing infrastructure and a diverse range of neighboring businesses. Its strategic placement and accessibility make it an exceptional opportunity for a variety of commercial ventures. The property's location in a rapidly growing area ensures strong potential for future appreciation.

    Property Features for 5405 Adams Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    89,995 SF

    Unit(s) available at that property

    Space
    Size
    89,995 SF
    Rate per SF
    $2.00

    HighLights

    • 2.066‑acre commercial land parcel in Temple, Texas.
    • High‑visibility corner lot at West Adams Ave (FM 2305) & Kegley Rd, with a five‑lane road and four‑way traffic signal.
    • Surrounded by established businesses including restaurants, convenience stores, and entertainment venues.
    • Zoned PD‑13 under Planned Development Ordinance #1699, with seller open to subdividing.
    • Located in a rapidly growing area with strong potential for future appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.3998944
    Latitude
    31.1125872

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    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ready to build.
    Where is this land located?
    The property is located at 5405 Adams Ave Temple, TX.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    What are key features of this property?
    This property features: 2.066-acre commercial land parcel in Temple, Texas.; High-visibility corner lot at West Adams Ave (FM 2305) & Kegley Rd, with a five-lane road and four-way traffic signal.; Surrounded by established businesses including restaurants, convenience stores, and entertainment venues.
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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
    5405 Adams Ave Temple, TX 76502
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