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Property profile & analytics
FOR SALE
Commercial land

114 Church Ave Troy, TX 76579

Property ID
US82-4776306
Property summary
AI-generated overview

Description: ± 4.903 Acre Commercial Land Assemblage. Land Use: Commercial, Retail, Hospitality, Mixed-Use. Location: Church Street in Troy, just off of IH-35. Situated between Waco and Temple Locally and Austin and Dallas Regionally. Access: ±360' Feet of Road Frontage on Church Avenue. 3 Existing Ingress/Egress Points. Utilities: 10" City Water along Church Avenue. 10" City Sewer along Church Avenue, 8" City Sewer at rear along creek. Zoning : GB - General Business (Broad Commercial Type Zoning). Topography: Gently Sloping From the Center of the tract towards the Street at the Front and the Creek at the Rear. Hydrology: Seasonal Creek Along Rear of Tract. Approx. ±0.4 Acres within Flood Hazard Area (Mix of 100-year, 500-year and flood way). Taxes: No Open Space or Special Use Valuation. Not Ag Exempt. City of Troy, Troy ISD. Remarks: Several new neighborhoods currently being developed in the community. Need for local retail amenities as well. Low Commercial Vacancy Rate in Troy. Large employers moving in just to the South in Temple's Industrial Park including FedEx and Meta. 114 Church Ave has a 1,500sf SF Residence built in 2000 as per Bell CAD. 118 Church Ave has a 1,253sf SF Residence built approximately 1928 as per Bell CAD. 202 Church Ave has a 1,708sf SF Residence built approximately 1921 as per Bell CAD.

Property profile
Verified
Property type Commercial land
UPID US82-4776306
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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