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    Marlandwood Rd Temple, TX 76502

    Sponsored
    For Sale
    $1,995,594

    6.3 Acres, Prime South Temple Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 6.3-acre commercial development site in Temple, Texas, presents a compelling investment opportunity. Zoned for General Retail (GR) and Office-2 (O2), this property boasts a strategic location in a rapidly expanding area of south Temple. Its proximity to major economic drivers, including Baylor Scott & White, the VA Hospital, Temple College, Texas A&M College of Medicine, and the 31st Street retail district, ensures high visibility and accessibility. The site benefits from its adjacency to new residential developments and the recently constructed Encore apartments, creating a strong foundation for future growth. Furthermore, the property's location within the Temple Medical Education District (TMED) redevelopment area positions it to capitalize on the long-term economic vitality of this thriving community. The area is experiencing significant new home construction, further enhancing the property's value. Convenient access to IH 35, situated between Austin and Waco, provides excellent regional connectivity. Infrastructure is readily available, with an 8-inch water line accessible on the west side and an 8-inch sewer line available on the east side. This site is ideally suited for neighborhood-serving retail or office uses, offering significant potential for development and substantial returns. The asking price is $1,995,594, with a land value of $8 per square foot. The property is located on Marlandwood Road, Temple, TX 76502.

    Property Features for 0 Marlandwood Rd

    General Information

    Property type
    Land
    Lot Size
    274,428 SF

    HighLights

    • 8" water line available on the west property line.
    • 8" sewer line available along the east property line.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Temple
    County
    Bell
    State
    Texas
    Longitude
    -97.3711723
    Latitude
    31.0649485

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    FAQs

    What type of property is this?
    Land - 6.3 Acres, Prime South Temple Location
    Where is this land located?
    The property is located at Marlandwood Rd Temple, TX.
    What is the asking price?
    The asking price for this property is $1,995,594.
    What are key features of this property?
    This property features: 8" water line available on the west property line.; 8" sewer line available along the east property line.;
    (254) 791-8700
    Request Owner's contact information
    Marlandwood Rd Temple, TX 76502
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    Temple, TX 76502
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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
    Marlandwood Rd Temple, TX 76502
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