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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

420 Gilmer St Killeen, TX 76541

Built 1976
Property ID
Property summary
AI-generated overview

This exceptional Killeen, Texas property at 420 N Gilmer St, zip code 76541, presents a unique investment opportunity combining retail space and residential apartments. Built in 1976, the property features a 714 square foot retail space currently with one unit available for lease. The property also includes multiple apartment units, offering a diverse income stream. Apartment options include one-bedroom, one-bathroom units renting for $550 per month and two-bedroom, one-bathroom units renting for $695 per month. One of the one-bedroom, one-bathroom units is currently available. The apartments boast recently updated interiors, featuring attractive laminate flooring throughout and all-white kitchen appliances. This prime location in downtown Killeen offers unparalleled convenience, with close proximity to Fort Cavazos and a variety of amenities including restaurants, gas stations, and shopping centers. The property's strategic location and the combination of retail and residential units make it an attractive investment for those seeking a diversified portfolio. The property's latitude and longitude coordinates are 31.1241941, -97.7367813 respectively. This is a rare opportunity to acquire a well-situated property with strong rental potential in a thriving Texas market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1976
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
Current use
Occupant on record · Public records
  • Village West Apartments Apartment Building
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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