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Property profile & analytics
OFF-MARKET
Land

3 5Th St Temple, TX 76504

3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3-acre property in Temple, Texas, presents a remarkable investment opportunity. Located on South 5th Street, this land boasts a strategic position in a rapidly expanding area, offering significant development potential. The property is zoned for both Commercial (C) and Office 2 (O-2) uses, providing flexibility for a variety of projects. Its prime location offers easy access to Interstate 35, placing it conveniently between Austin and Waco. The area is experiencing substantial growth, fueled by the proximity to major institutions such as Baylor Scott & White, the VA Hospital, Temple College, and Texas A&M College of Medicine. Furthermore, the property benefits from its close proximity to a thriving retail district on 31st Street and is surrounded by new residential developments, including over 250 apartment units and over 2,000 planned new homes. Within a mile of the Temple Medical Education District (TMED), a key economic driver for the community, this land is ideally suited for retail, neighborhood stores, or office use. The asking price is $761,538, with a land value of $6 per square foot. This is a rare chance to capitalize on the explosive growth in South Temple and its proximity to major economic drivers. Don't miss this opportunity to secure a piece of Temple's vibrant future.

Property profile
Verified
Property type Land
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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