3201 Little Nolan Rd Killeen, TX 76542

Property Details for 3201 Little Nolan Rd

Lot size

74.50 lot acres

Property type

Commercial real estate

APN

62091

Description

This exceptional 74.5-acre property presents a significant development opportunity in the heart of Killeen, Texas. Located just 40 minutes north of Austin, this strategically positioned land boasts 2,956 feet of street frontage and is situated only 900 feet south of Interstate 14, the Fort to Port Highway, experiencing a high average daily vehicle count of over 122,000. The property is zoned R-1 with an agricultural exemption, offering flexibility for various development projects. Existing infrastructure includes a 36-inch sewer line and an 8-inch water line, with electricity readily available at the curb. A portion of the land (approximately 13 acres) is situated within a flood zone and features a creek with mature trees and vines, presenting potential for retention or flood mitigation strategies. The remaining acreage offers ample space for development. The location is ideal for mixed-use projects, including luxury condos, RV parks, or single-family homes. Its proximity to numerous restaurants, retail establishments, and a Walmart Market makes it exceptionally attractive for walkable developments. The property is owned by an LLC and has an APN of 62091. The asking price is $4,500,000, with a land value of $1.38 - $3 per square foot.