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Property profile & analytics
OFF-MARKET
Land

2501 Polk St Killeen, TX 76543

20.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.25-acre property presents a compelling investment opportunity in northeast Killeen, Texas. Located at 2501 Polk St, 76543, this infill land parcel is situated within an established residential area, experiencing significant growth. Currently zoned R-1 for single-family dwellings, the property offers considerable potential for higher-density development, subject to necessary zoning changes through the city's Planning & Zoning Commission and City Council. The area's comprehensive plan highlights a need for diverse housing options, making this site well-positioned to meet that demand. A large single-family development is currently under construction just one mile southeast, further underscoring the area's growth trajectory. While the property currently has a single access point on Polk Street, city fire codes mandate two access points for developments exceeding 30 units, with specific separation requirements. Potential buyers should investigate options for establishing a secondary access point. It's important to note that a 60-foot utility easement runs along the northern portion, and a 200-foot fall zone surrounds a telecommunications easement (cell tower) in the northeast corner. These easements restrict development in those areas but could be incorporated into park space or other low-impact uses. This property offers a unique blend of location, zoning potential, and growth opportunity, making it an attractive proposition for discerning investors.

Property profile
Verified
Property type Land
Lot 20.25 ac (882,090 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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