Property profile

2252 Clear Creek Rd Killeen, TX 76549

FOR SALE
Commercial land
Property ID
US82-0016989
2.23 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.23-acre commercial land parcel, situated at 2252 Clear Creek Rd in Killeen, Texas (zip code 76549), presents a remarkable investment opportunity. Boasting a highly desirable Business District (B-5) zoning, this level site is ideally positioned for immediate development. The property enjoys exceptional visibility and accessibility, situated near major retailers and Advent Hospital, with daily traffic counts exceeding 33,000 vehicles. Its strategic location offers convenient access to Interstate 14, further enhancing its appeal. The City of Killeen's future land use map designates this site as Regional Commercial, underscoring its long-term potential. The asking price is $2,180,000. This prime location, coupled with its high traffic volume and strategic zoning, makes this property an ideal choice for a variety of commercial ventures. The site's level topography simplifies development, minimizing site preparation costs and expediting the construction process. Don't miss this chance to acquire a premier commercial property in a thriving Texas market.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.23 ac (97,095 SF)
APN 480362
UPID US82-0016989

Cap rate & NOI

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

Location

2252 Clear Creek Rd Killeen, TX 76549
Killeen metro Census 23111 KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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