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Veterans Memorial Blvd Killeen, TX 76541

OFF-MARKET Commercial real estate Google Maps
1.9 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Lot 1.9 ac (82,764 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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