Property summary
This exceptional commercial property presents a rare investment opportunity in the rapidly expanding city of Killeen, Texas. Situated on a prominent, well-lit corner lot spanning 1.9 acres at E Veterans Memorial Boulevard, this property boasts a main building currently occupied by the owner, along with two additional tenant-occupied structures. The main building, originally constructed as a bank, features a recently installed roof, six well-appointed offices, a secure safe, a convenient breakroom, and a fully equipped kitchen area. The two additional buildings on parcels 80574 and 7608 generate a combined monthly rental income of $2700, providing a substantial and consistent cash flow stream. This property offers a unique blend of owner-occupied space and lucrative rental income, making it an ideal investment for those seeking both immediate returns and long-term growth potential in a thriving market. The property's strategic location and versatile layout make it suitable for a wide range of commercial uses, offering significant flexibility for future development or expansion. The substantial lot size also provides ample space for potential future development or expansion. This is a turnkey opportunity to acquire a well-maintained, income-producing commercial property in a prime Killeen location. The asking price is $1,400,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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