1303 31St St Temple, TX 76504
This exceptional 23.105-acre commercial and industrial land parcel presents a significant investment opportunity in Temple, Texas. Strategically located at the intersection of Nugent Avenue and North 31st Street, this property enjoys close proximity to Interstate 35, ensuring excellent accessibility and high visibility. Currently zoned for heavy industrial use, the land offers considerable potential for a wide range of development projects, catering to the growing manufacturing and industrial sector in the Temple area. Utilities are readily available, with a pressurized sewer main situated on the western boundary and an 8-inch water line extending almost to the property entrance. The high traffic count on North 31st Street further enhances the property's appeal. The asking price is $1,700,000, translating to $79,983 per acre. The property's APN is 146692. This prime location, coupled with its heavy industrial zoning and convenient access to major transportation routes, makes this a compelling investment prospect for discerning buyers seeking a foothold in Temple's thriving industrial market. The land's size and strategic location offer significant development potential, making it an ideal site for a variety of industrial or commercial ventures. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing 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.