3300 Pegasus Dr Temple, TX 76501
This exceptional 7.035-acre industrial land parcel presents a remarkable investment opportunity in Temple, Texas. Strategically located on Pegasus Drive, on the west side of Interstate 35 and south of Loop 363, this property boasts unparalleled visibility and convenient access to major transportation arteries. Zoned for light industrial use, this site is perfectly suited for a wide range of development projects, including industrial facilities, hotels, or professional offices. The location offers significant advantages, leveraging Temple's thriving economy and its position on the I-35 corridor between Austin and Dallas. Temple's competitive costs, combined with its rich resources and welcoming business environment, make it an attractive destination for businesses of all sizes. The proximity to Fort Hood, the largest active-duty armored post in the U.S., further enhances the property's appeal, providing access to a substantial workforce pool. Temple's affordable cost of living, family-friendly atmosphere, and access to major metropolitan areas contribute to its strong workforce recruitment capabilities. The city's diverse and highly skilled workforce, including a robust presence in health and life sciences, anchored by Baylor Scott & White Health, presents a significant advantage for potential developers. The property's APN is 451506. This is a rare opportunity to acquire a prime piece of industrial land in a rapidly growing Texas market.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.