Commercial Real Estate Market in Killeen, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
383 active listings and 2,909 off-market properties in Killeen, TX. Commercial property asks $118/SF to buy and $16.20/SF/Yr to lease.
Market Trends
Killeen, TX spans 250.9 square miles in Bell County, Texas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Killeen, TX has a median asking sale price of $133/SF. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Killeen, TX (the middle half): Lease $10.00–$20.47/SF/Yr (median $19.80/SF/Yr, 15 listings); Sale $71.17–$161/SF (median $133/SF, 14 listings).
Retail
Retail space in Killeen, TX has a median asking sale price of $119/SF. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Killeen, TX (the middle half): Lease $16.00–$17.22/SF/Yr (median $16.20/SF/Yr, 20 listings); Sale $75.97–$172/SF (median $119/SF, 23 listings).
Industrial
Industrial space in Killeen, TX has a median asking sale price of $122/SF (based on 8 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Killeen, TX (the middle half): Sale $113–$151/SF (median $122/SF, 8 listings).
Multifamily
Multifamily space in Killeen, TX has a median asking sale price of $115/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Killeen, TX (the middle half): Sale $101–$126/SF (median $115/SF, 125 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.4%
- Agricultural 16.5%
- Commercial 13.8%
- Planned_development 6.9%
- Industrial 6.2%
- Civic 1.6%
Largest Zones share of zoned land by district
Killeen, TX zones 30,292 acres across 35 districts. Commercial zoning covers 13.8% of zoned land, residential 52.4% and industrial 6.2%. The largest single district is Single Family Residential District at 36.7%. For commercial buyers the practical constraint is that only 20% of land carries a commercial or industrial designation.
All territory annexed to the city shall be initially classified as district "A" agricultural district. The planning and zoning commission shall within twelve (12) months after date of annexation recommend to the city council a plan for permanent zoning in the area. The procedure to be followed for adoption shall be the same as is provided by law for the adop…
Market overview
Demographics & Economy
Killeen, TX has 220,815 residents in 87,929 households. Density runs 880 people per square mile. Median household income here is $63,534 and median gross rent $1,215 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Harker Heights | $142 | $28.80 |
| Nolanville | $132 (county avg) | — |
Commercial property in Killeen, TX asks $118/SF. The 2 bordering markets run from $132/SF in Nolanville (county figure) to $142/SF in Harker Heights, and the city sits below their $137/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Killeen?
How much does it cost to lease commercial space in Killeen?
How does Killeen compare to nearby markets on price?
What zoning applies to commercial property in Killeen?
Where does Realmo's Killeen market data come from?
Methodology & data sources
- Asking prices and medians
- There are 239 active for-sale and 144 active for-lease listings in Killeen, TX. The medians are based on 176 of the for-sale and 41 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 30,292 zoned acres across 35 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
