114 Church Ave Troy, TX 76579
- Commercial real estate
- 4.90 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 114 Church Ave
- Lot size
- 4.90 lot acres
- Property type
- Commercial real estate
- APN
- 71329, 124708 & 71331
Description
This ±4.903-acre commercial land assemblage in Troy, Texas, presents a unique redevelopment opportunity. Located on Church Avenue, just off IH-35, this property boasts approximately 360 feet of road frontage and three existing ingress/egress points. The site benefits from city utilities including 10" water and sewer lines along Church Avenue, with additional 8" sewer at the rear. Zoned General Business (GB), it allows for diverse commercial uses including retail, hospitality, and mixed-use development. The gently sloping topography features a seasonal creek at the rear. While approximately 0.4 acres fall within a flood hazard area (a mix of 100-year, 500-year, and floodway zones), the majority of the land is suitable for development. The property is not under open space or special use valuation and is not ag-exempt. Existing structures include three residences (1,500 sq ft, 1,253 sq ft, and 1,708 sq ft) per Bell County CAD records. The location offers excellent visibility from IH-35, regional convenience between Waco and Temple, and proximity to Austin and Dallas. Several new residential neighborhoods are under development in Troy, creating a strong demand for local retail amenities. The low commercial vacancy rate and the influx of large employers (including FedEx and Meta) into nearby Temple's industrial park further enhance the investment potential. The asking price is $2,135,746, with a land value of $10 per square foot. APN: 71329, 124708 & 71331.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Bell
- State
- Texas
- Longitude
- -97.304006118037
- Latitude
- 31.20561082136
