00 Fort Hood St Killeen, TX 76549
This exceptional 3.04-acre commercial land parcel in Killeen, Texas, presents a remarkable investment opportunity. Located on S Fort Hood St (Hwy 195), this property boasts over 350 feet of highway frontage and a depth exceeding 300 feet. The asking price is $1,059,380, translating to $8 per square foot. This is a whole-lot sale; no splitting is permitted. The property's prime location ensures high visibility for your business, benefiting from significant daily traffic volume of 28,381 vehicles (2022 TXDOT data). Adjacent to a new residential development (Phase 1: 159 homes under construction), this location offers immediate access to a substantial customer base. The property's strategic position provides easy access to Killeen, Fort Cavazos, and the Texas Veterans Cemetery. Convenient access to major thoroughfares like Hwy 201 (leading to Texas A&M and Killeen Regional Airport) and Stan Schlueter Loop further enhances its appeal. Utilities (water, sewer, and electricity) appear readily available, pending confirmation. The lot is fully platted and is currently undergoing recording. The B3 zoning allows for a wide range of commercial uses, including but not limited to: medical clinics, general offices, retail spaces, restaurants, daycare centers, and more. This is an ideal location for businesses seeking high visibility and strong community connections. This property is ready for development.
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.