Technical
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Property profile

0 Cunningham Rd Killeen, TX 76542

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 74.5-acre tract of Class A land presents a unique investment opportunity in Killeen, Texas. Ideally situated just 900 feet from Interstate 14, a major thoroughfare boasting over 150,000 vehicles daily and slated for a Texas Department of Transportation expansion, this property offers unparalleled visibility and accessibility. Currently zoned R-1, the land is primed for development, with the city demonstrating a pro-development stance towards zoning changes. The location is surrounded by a thriving mix of retail, hotels, restaurants, medical facilities, and residential areas, ensuring high demand and strong potential for future growth. The property is offered at $4,500,006 fee simple and is divisible, making it suitable for both large-scale projects and smaller developers seeking to create multi-family, retail, restaurant, or residential developments. This buy-and-hold opportunity allows for immediate income generation or strategic re-platting for future development. The property's size ranges from 20 to 74.5 acres, providing flexibility for various development plans. Located in Bell County, Texas, with a Killeen address on Cunningham Rd, zip code 76542, this property offers a compelling combination of location, zoning potential, and development flexibility.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cunningham Rd Killeen, TX 76542
Killeen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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