Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1100 Lowes Blvd Killeen, TX 76542

    • Commercial real estate
    • 10,375 SF
    • 1.24 lot acres
    For Lease
    View listing
    $32 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4417877
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • William Batten / Dental Office
    • Meena Patyal / Dental Office
    • Dr. Logan Miller / Dental Office
    • Dr. Kunal Karan / Dental Office
    • Dr. Dale Mayfield / Dental Office

    Property Details for 1100 Lowes Blvd

    Year built
    2010
    Lot size
    1.24 lot acres
    Property size
    10,375 SF
    Property type
    Commercial real estate
    APN
    406963
    APU
    406963

    Description

    This exceptional retail property, located at 1100 Lowes Blvd in Killeen, Texas, offers 4,500 square feet of completely vacant space in a single-tenant strip center. Situated in Bell County, this property presents a unique opportunity for businesses seeking a high-visibility location within a thriving community. The building's total square footage is 4,500 square feet, providing ample space for a variety of retail ventures. The address, 1100 Lowes Blvd, ensures excellent accessibility and high traffic volume, benefiting from its strategic placement within Killeen. The property's classification as a retail strip center suggests a convenient layout and ample parking for customers. The "For Lease" status indicates immediate availability for prospective tenants. This single-tenant occupancy allows for complete customization and control over the space, making it ideal for businesses requiring a dedicated and adaptable environment. The property's location in Killeen, Texas, within Bell County, offers access to a significant consumer base and a robust local economy. The zip code is 76542. This presents a compelling investment opportunity for businesses seeking a prominent retail presence in a dynamic market. The geographic coordinates are 31.0915537 latitude and -97.7321224 longitude. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,635,000
      6.5%
      $1,510,000
      7%
      $1,400,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,443,000
      Market price range: $439k - $1.44M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $885,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Killeen
    County
    Bell
    State
    Texas
    Longitude
    -97.7321
    Latitude
    31.0916
    CBSA code
    28660
    CBSA name
    KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,993
    $446,879
    $1,453,414
    $1,900,293
    -
    $446,879
    $1,453,414
    $1,900,293

    Comparable in this City

    • Value Estimation by Request
      4.11 Acres

      Stefek Dr

      Land • 4.11 Acres
      0 Stefek Dr, Killeen, TX 76542
      View Details
    • Value Estimation by Request
      1.80 Acres

      301 Lowes Blvd

      Land • 1.80 Acres
      301 Lowes Blvd, Killeen, TX 76542
      View Details
    • Value Estimation by Request
      1.06 Acres

      720 Stefek Dr

      Land • 1.06 Acres
      720 Stefek Dr, Killeen, TX 76542
      View Details
    • Value Estimation by Request

      Hwy 195

      COMMERCIAL (GENERAL)
      Hwy 195, Killeen, TX 76542
      View Details
    • Value Estimation by Request

      12117 Ft Hood St

      COMMERCIAL (GENERAL)
      12117 Ft Hood St, Killeen, TX 76542-9007
      View Details
    • Value Estimation by Request
      17.73 Acres

      2003 Little Nolan Rd

      COMMERCIAL (GENERAL) • 17.73 Acres
      2003 Little Nolan Rd, Killeen, TX 76542-2812
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.80 Acres

      Prime Killeen Commercial Land

      1.797 Acres, B-5 Zoning
      401 Stefek Dr, Killeen, TX 76542
      View Details
    • $595,000
      0.86 Acres

      Prime Killeen Commercial Lot

      High-potential corner lot, previously a bar & grill.
      Fort Hood St, Killeen, TX 76542
      View Details
    • $88,533
      4.02 Acres

      Killeen Commercial Land - 4 Acres

      Prime 4-acre commercial lot in Killeen, Texas.
      4901 Rosewood Dr, Killeen, TX 76542
      View Details
    • $1,067,220
      17.10 Acres

      Prime Killeen Commercial Land

      17 Acres, B-5 Zoning, Excellent Location
      5201 W S Young Dr, Killeen, TX 76542
      View Details
    • Contact for pricing
      4.11 Acres

      Killeen Commercial Land - 4.11 Acres

      Prime Texas commercial land, ideal for development.
      0 Stefek Dr, Killeen, TX 76542
      View Details
    • $4,500,006
      20.00 Acres

      74.5 Acres Near I-14, Killeen, TX

      Prime Commercial/Residential Land, I-14 Access
      0 Cunningham Rd, Killeen, TX 76542
      View Details

    Similar Nearby for Lease

    • $42 SF/Yr
      8,390 SF

      Killeen Executive Office Suites

      Prime Killeen location, all-inclusive lease.
      400 Jasper Dr, Killeen, TX 76542
      View Details
    • $2,849 /Mo
      1,295 SF

      Killeen Commercial Space For Lease

      Commercial space for lease, suitable for retail or office.
      5101 Trimmier Rd, Killeen, TX 76542
      View Details
    • $3,630 /Mo
      19,440 SF

      Retail Space on Stan Schlueter

      2,200 SF retail suite available immediately in Killeen, TX.
      4008 E Stan Schlueter Loop, Killeen, TX 76542
      View Details
    • $2,020 /Mo
      4,500 SF

      Retail Space in Killeen, TX

      Retail space available for lease in Killeen, Texas.
      2707 E Stan Schlueter Loop, Killeen, TX 76542
      View Details
    • $2,475 /Mo

      Retail/Office/Medical Space For Rent

      1500 sqft unfinished shell, ideal for retail, office, or medical.
      1900 E Elms Rd, Killeen, TX 76542
      View Details
    • $6,748 /Mo
      16,892 SF

      Killeen Medical Office Suite

      Medical office suite available for rent in Killeen, Texas.
      3800 W S Young Dr, Killeen, TX 76542
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1100 Lowes Blvd
    Killeen, TX 76542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.