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Property profile & analytics
OFF-MARKET
Commercial land

1900 Elms Rd Killeen, TX 76542-3357

0.43 ac lot
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US82-6755931
Property summary
AI-generated overview

This exceptional commercial property in Killeen, TX, offers two 1,500 sq ft suites within an 18,000 sq ft, Class A, multi-tenant building situated on a 1.66-acre lot at 1900 E Elms Rd. Built in 2007, the property boasts 9 total suites across two single-story buildings, providing ample parking with 91 spaces. One suite is a finished retail space (available February 1, 2025), currently used as a computer repair shop, ideal for retail, professional office, or medical use. The second suite is a raw, unfinished shell, ready for immediate build-out to suit a tenant's specific needs. Both suites offer excellent visibility and accessibility, located on Elms Rd between WS Young Dr and Trimmier Rd, near the Shilo Inn and Killeen Convention Center. The property is zoned B-5. Lease terms are modified gross, with a 5-year lease at a base rate of $1.75/sq ft for the finished space and $1.65/sq ft for the raw space. Landlord covers trash dumpster and water (finished space only); tenants are responsible for all other utilities. Nearby businesses include The Hair Lounge Salon, Felicity Nails And Spa, Fiber One, Edward Jones, All City Real Estate, Laurel Ridge, and Regional Finance. This property presents a unique opportunity for businesses seeking a prominent location in a thriving Killeen commercial area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.43 ac (18,557 SF)
APN 421311
UPID US82-6755931
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
Current use
Occupant on record · Public records
  • Dr. Joel Kutnick, MD Physician
  • Laurel Ridge Treatment Center Medical Clinic
  • Zsamekrien Steed- All City Real Estate, Ltd. Co. Real Estate Agency
  • Kendra Barger TX Lic Realtor® Real Estate Agency
  • Kristin Butler TX Licensed Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wasay Investments INC · 14 yrs held
Wasay Investments INC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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