4200 5Th St Temple, TX 76502
This 1.45-acre retail property in Temple, Texas, is located at 4200 S 5th St, 76502, on a busy intersection. Zoned for general retail, it offers exceptional development potential due to its proximity to major medical facilities (Baylor Scott & White, VA Hospital, Temple College, Texas A&M College of Medicine), a thriving retail district on 31st Street, and numerous residential areas including the new Encore apartments and several new neighborhood developments. The property includes a 1458 sq ft home built in 1981, adaptable for office use or demolition. Existing utilities include a 3” water line along the front, a 12” water line across South 5th Street, and a 24” main sewer line at the rear. The location benefits from Temple's robust growth, particularly in the south, fueled by the Temple Medical Education District (TMED) redevelopment and high new home construction rates. This site is ideally suited for QSR, convenience stores, or other neighborhood-serving businesses, capitalizing on the area's expanding population and strong economic drivers. The asking price is $475,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.