3402 Lowes Dr Temple, TX 76502
- Land
- 4.20 lot acres
Current Use by Public Records
- Land
Property Details for 3402 Lowes Dr
- Lot size
- 4.20 lot acres
- Property type
- Land
Description
This exceptional 4.2-acre commercial land parcel presents a remarkable investment opportunity in Temple, Texas. Located at 3402 Lowes Dr, 76502, this property boasts a General Retail zoning designation, ideal for a variety of uses including retail establishments, neighborhood stores, or office space. The land is priced at $6 per square foot. Situated on the south side of Temple, this location benefits from its proximity to major economic drivers, including Baylor Scott & White, the VA Hospital, Temple College, Texas A&M College of Medicine, and the bustling retail district on 31st Street. The area is experiencing significant growth, with numerous new residential developments underway, ensuring a strong and expanding customer base. Furthermore, the property's adjacency to the new Encore apartments and its proximity to Raye-Allen Elementary School, Friar's Creek Nature Trail, Lions Junction Family Water Park, and the South Temple Disc Golf Course enhance its appeal. The site is also conveniently located near the Temple Medical Education District (TMED), a community redevelopment project focused on long-term economic vitality. City of Temple water access is available on the east side of Lowes Drive, and sewer access is provided via a 15' wide utility easement to an existing 6" line on the southeast corner of the property on Marlandwood. This property is a direct beneficiary of the increased investment in south Temple and its strategic position near key community assets makes it an exceptional opportunity for development. The property's location on IH 35, between Austin and Waco, provides excellent visibility and accessibility.
Value Estimations
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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
- -97.3653
- Latitude
- 31.0641