9000 Adams Ave Temple, TX 76502
This exceptional 1.975-acre commercial land parcel presents a compelling investment opportunity in Temple, Texas. Strategically located at the southeast corner of SH 317 and FM 2305 (West Adams Avenue and Cedar Rd), this property enjoys high visibility and accessibility. The site is situated in a rapidly expanding area between Temple and Belton, experiencing significant residential growth with approximately one thousand new homes currently under development. This lot, designated as Lot 2, Block 1, is part of a larger 44-acre tract. Zoned for General Retail use, this property offers immense potential for a variety of commercial ventures. Its prime location directly faces a multi-unit apartment complex slated for completion in early 2024, creating a built-in customer base and synergistic environment. The asking price is $1,204,500, translating to $12 per square foot. This presents a unique chance to capitalize on the burgeoning growth and establish a thriving business in a vibrant, high-demand location. The property's ideal position makes it particularly well-suited for a "Work, Live, and Play" development, catering to the needs of the expanding residential community. The address is 9000 W Adams Ave, Temple, TX 76502, in Bell County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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