0 Roy Reynolds Dr Harker Heights, TX 76543
This exceptional 30.406-acre commercial land parcel presents a significant investment opportunity in Killeen, Texas. Strategically located on the western side of Roy Reynolds Drive, between Veterans Memorial Boulevard and Roy J. Smith Drive, this property boasts approximately 1,340 feet of frontage along Roy Reynolds Drive. The land is zoned B-4, allowing for a wide range of commercial uses, including those permitted under B-3, B-2, and B-1 zoning classifications. A key advantage is the existing infrastructure: a 24-inch water supply line is situated near the southeast corner, while a 12-inch wastewater line runs along the northern and eastern property lines. Electricity is readily available through a deregulated energy provider. The asking price is $1,986,728, calculated at $1.50 per square foot. Note that this acreage is net of FEMA floodplain. This property's size, zoning, and location make it ideal for a variety of commercial developments. The convenient access to major roadways and existing utilities significantly reduces development costs and time. Don't miss this chance to acquire a substantial commercial land holding in a rapidly growing Texas market. The property is situated in Bell County, Texas, with a 76543 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.