0 5Th St Temple, TX 76502
This exceptional offering consists of two platted commercial lots totaling approximately 4.91 acres, strategically located at the turnaround for South 5th Street and US-190 Overpass in Temple, Texas. Situated between the 31st Street and 1st Street Overpasses, this property enjoys unparalleled visibility and accessibility. The lots are zoned C-Commercial, allowing for a variety of uses including general office, retail, restaurants, hospitality, and self-storage. Lot 2 encompasses 2.59 acres, while Lot 3 comprises 2.32 acres. The site benefits from significant traffic counts, with US-190 (future IH-14) boasting over 25,000 vehicles per day (VPD in 2016) and South 5th Street exceeding 13,800 VPD (2016). This high-traffic location is further enhanced by its proximity to major medical facilities, educational institutions, hospitality employers, and numerous new Class-A retail, mixed-use, single-family, and multi-family residential developments. The area demonstrates strong demographics, with an average household income of $61,500 within a 5-mile radius and a population of 71,000 within the same area. All essential utilities are readily available on-site, including city water (8-inch line), city sewer (12-inch line), Oncor 3-phase electricity, and underground fiber cable along the west side of South 5th Street. The asking price is $1,497,157, translating to $7 per square foot of land value. This presents a unique opportunity to capitalize on the growth and development within this thriving commercial corridor.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.