Current Use by Public Records
- Land
Property Details for 985 Pea Ridge Rd
- Lot size
- 6.99 lot acres
- Property type
- Land
Description
This 6.985-acre commercial and residential land parcel in Temple, TX, is ideally located at the intersection of Pea Ridge Road and Traver. The property boasts an approved plat for townhome development and is completely shovel-ready, minimizing pre-construction delays and costs. Situated near Draughon Miller Airport and major thoroughfares (N. Pea Ridge Road and Highway 36), this site offers excellent visibility and accessibility. Temple's thriving real estate market, characterized by recent strong sales and affordable land prices, presents a compelling investment opportunity. The city's economic growth, including new corporate campuses and healthcare districts, further strengthens the property's potential. While specific utility details are not provided, Temple generally offers robust infrastructure support for new developments, consistent with the "shovel-ready" designation. This prime location, combined with the approved plat and immediate development readiness, makes this a highly attractive investment for developers seeking to capitalize on the growing demand for multi-family housing in Temple. The property is zoned C2 and has an APN of 529145. The asking price is $1,197,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Temple
- County
- Bell
- State
- Texas
- Longitude
- -97.4329
- Latitude
- 31.1116
