1323 Way Harker Heights, TX 76548
This exceptional 2.241-acre commercial land parcel in Harker Heights, Texas, presents a remarkable investment opportunity. Located at 1323 & 1321 E Knights Way, this B-4 Business Highway zoned property boasts a prime corner location directly across from a Walmart, ensuring high visibility and accessibility. The site benefits from significant daily traffic volume exceeding 17,000 vehicles per day, making it perfect for a variety of commercial uses, including shopping centers, gas stations, car washes, and other retail or automotive businesses. The property includes two 6-inch water lines (one east, one west) and a 12-inch sewer line, providing ample infrastructure for development. Surrounding the property is a thriving retail environment, including Target, Chick-fil-A, Dick's Sporting Goods, Whataburger, Cheddar's, Cracker Barrel, and Starbucks. Harker Heights is experiencing robust population growth, with a 5.7% increase since 2022, further enhancing the investment potential. Its proximity to Killeen (home to Fort Cavazos, the largest US military base) and Temple (with a 14.5% population growth since 2020) provides a substantial and expanding customer base. The APN is 0531500300, 118784. The asking price is $976,180. This is a rare opportunity to acquire a high-traffic corner lot in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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