Property summary
The property at 3701 Lake Road in Killeen, Texas consists of a 0.983-acre lot with a 3,135-square-foot building and is configured for use as a car wash. It is positioned on a corner lot, providing frontage along intersecting roadways, with visibility from surrounding residential, shopping, and business areas. The site has characteristics that support continued car wash use, including the existing configuration, and it may also be suitable for redevelopment into an alternative commercial use subject to applicable zoning and approvals.
Property profile
VerifiedCap rate & NOI
Current use
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Specialty Food Shop Supermarket
Location
Value estimations
Owner & transaction history
Zoning & alternative use
single-family district, "SR-2" suburban residential single-family district, and "R-1" single family residential district shall be fully sodded or covered with other city-approved groundcover, as determined by the plannin…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Killeen, TXsingle-family district, "SR-2" suburban residential single-family district, and "R-1" single family residential district shall be fully sodded or covered with other city-approved groundcover, as determined by the plannin…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
single-family district, "SR-2" suburban residential single-family district, and "R-1" single family residential district shall be fully sodded or covered with other city-approved groundcover, as determined by the plannin…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1 in Killeen, TX.
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