0 Commerce Dr Killeen, TX 76543
This ±2.95-acre commercial land parcel presents a compelling development opportunity within a thriving Killeen, Texas industrial park. Zoned M-1, the property boasts a strategic location directly across from a Killeen ISD high school with over 2,100 students (2024 enrollment). Its proximity to Fort Cavazos, a major US Army installation with a significant economic impact, offers exceptional potential. The site is conveniently located approximately 1 mile from Fort Cavazos, a 214,000-acre facility contributing an estimated $28.8 billion to the Texas economy. Furthermore, the property benefits from the potential reactivation of an existing rail spur, providing direct access to the BNSF main line. The site enjoys excellent access to major thoroughfares, being approximately 12 minutes from E Veterans Memorial Blvd, a road with over 121,000 vehicles daily. Killeen's central Texas location, approximately 67 miles north of Austin and within 125 miles of both Dallas and San Antonio, provides unparalleled access to serve the entire state. The land is priced at $415,000, or $3.23 per square foot. This exceptional property offers a rare combination of location, accessibility, and development potential, making it an ideal investment for discerning buyers.
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.