3500 Elms Rd Killeen, TX 76542
This exceptional 9.57-acre commercial land parcel presents a unique investment opportunity in the thriving Killeen, Texas market. Strategically located at 3500 E Elms Rd, this property boasts over 700 feet of frontage on Elms Road, providing unparalleled visibility and accessibility. Its prime location is directly adjacent to a Walmart Market, ensuring high traffic volume and significant consumer exposure. The property's location at the intersection of Elms Road and Cunningham Road benefits from a substantial daily traffic count of 29,365 vehicles in 2023. The site is zoned B-5, allowing for a variety of commercial uses, including retail, restaurant, and other compatible businesses. All utilities are readily available. The property's proximity to a major retailer and high traffic counts make it ideal for a wide range of commercial developments. The parcel's size and location offer significant potential for substantial returns. The property's APN is 170176. This is a ground lease opportunity situated in the Killeen Temple MSA submarket. Across the street sits the Christian House of Prayer. This property offers a rare chance to capitalize on a high-demand location in a rapidly growing area.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.