Veterans Memorial Blvd Killeen, TX 76541
- Commercial real estate
- 0.86 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Veterans Memorial Blvd
- Lot size
- 0.86 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property boasts almost two full blocks of frontage on East Veterans Memorial Drive (Highway 190) in the rapidly expanding city of Killeen, Texas. Situated between South 8th Street and South 10th Street, this offering encompasses four tax parcels totaling 1.977 acres. Currently operating as an auto dealership with additional complementary businesses, the property presents a unique opportunity for both continued operation and significant redevelopment. The existing building features a recently installed roof, six offices, a secure vault (a remnant from its previous use as a bank), a breakroom, and a kitchen area. Tile flooring covers the main area. Two additional tenants occupy separate buildings on parcels 80574 and 7608, generating a combined monthly lease income of $2,700. An older, uninhabitable residential structure is also present on the property and would require demolition. The property's strategic location ensures high visibility and substantial traffic flow, making it an ideal investment for a variety of commercial ventures. With city streets bordering all four sides, this nearly two-block property offers unparalleled accessibility and exposure. This is a rare opportunity to acquire a substantial commercial holding in a thriving Texas market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Killeen
- County
- Bell
- State
- Texas
- Longitude
- -97.7274
- Latitude
- 31.1164
