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Property profile & analytics
OFF-MARKET
Land

116 At Courtney Ln & Lutheran Church Rd Copperas Cove, TX 76522

33.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 33.4-acre commercial land parcel presents a unique investment opportunity in Copperas Cove, Texas. Strategically located along FM 116, this property boasts high visibility and accessibility, situated on the north side of Copperas Cove, directly across from Fort Hood Army Base and conveniently near the Texas 9 Bypass. The land offers two existing hard corners at the intersection of Courtney Lane and FM 116, providing immediate development potential. Its prime location is further enhanced by its adjacency to established residential subdivisions, including House Creek North and Heartwood Park, and a new 141-lot subdivision currently under development. The property's zoning allows for both R-1 Single Family and B-4 General Retail District uses, offering flexibility for a variety of development projects. Future expansion of Ashley Drive to FM 116 presents the potential for two additional hard corners, significantly increasing the property's value and development options. This substantial acreage provides ample space for a large-scale commercial development, catering to the needs of the thriving community and the significant military population associated with Fort Hood. The property's location and zoning make it an ideal site for retail, residential, or mixed-use projects. This is a rare opportunity to acquire a large, strategically located parcel of land in a rapidly growing area. The property's proximity to major transportation routes and established residential areas ensures strong potential for future growth and return on investment. The address is FM 116 at Courtney Lane & Lutheran Church Rd, Copperas Cove, TX 76522.

Property profile
Verified
Property type Land
Lot 33.4 ac (1,454,904 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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