1300 Berger Rd Temple, TX 76501
This exceptional 10-acre property located at 1300 Berger Road in Temple, Texas, presents a unique investment opportunity. Situated just two minutes from Interstate 35, this land boasts unparalleled accessibility, making it ideal for a variety of commercial ventures. Currently zoned for agricultural use, the property is well-suited for future commercial development. Electric and water utilities are readily available along the road, simplifying infrastructure needs. The property's strategic location benefits from the proposed Outer Loop, projected to be within one mile, further enhancing accessibility and future growth potential. Temple, TX is experiencing significant economic expansion, fueled by growth in healthcare, manufacturing, and logistics sectors. This translates to a robust and skilled workforce, complemented by the presence of Temple College and Texas A&M Health Science Center. Baylor Scott & White Health, a major healthcare system, further strengthens the city's economic vitality. Temple's central Texas location provides easy access to Austin, Dallas, and Houston, while the I-35 corridor ensures seamless connectivity to key markets. The city also offers a lower cost of living than major metropolitan areas, coupled with a high quality of life, making it an attractive location for businesses and employees alike. This 10-acre parcel offers a compelling blend of location, accessibility, and growth potential, making it an attractive investment for discerning buyers. The asking price is $400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.