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Property profile & analytics
FOR SALE
Commercial land
4202 Watercrest For Sale Rd 2 Killeen, TX 76549
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-9196393
For Sale
$199,000
4202 Watercrest For Sale Rd,Unit 2, Killeen, TX 76549
View Listing →
Property summary
AI-generated overview
This exceptional 1.22-acre commercial lot, located at 4202 Watercrest Rd in Killeen, Texas (zip code 76549), presents a remarkable investment opportunity. Priced at $199,000, this property offers significant value at $102,377 per acre. The lot boasts over 267 feet of frontage on Watercrest Road, ensuring excellent visibility and accessibility for any commercial venture. Its B-3 Local Retail zoning designation allows for a wide range of business uses. The property's advantageous location is further enhanced by its proximity to a Dollar General store, providing immediate access to a high-traffic area. The flat terrain simplifies development, making this a turnkey opportunity for building a new commercial structure. The property's APN is 23704267. This is a rare chance to acquire a well-situated commercial lot in a thriving Texas market, priced to sell. Don't miss this chance to secure a prime location for your next business endeavor.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.22 ac (53,317 SF)
APN
453655
UPID
US82-9196393
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Attarifi Thayer · 8 yrs held
Attarifi Thayer
since 2018
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Killeen submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Killeen submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$832
Tax year 2023
Assessed value
$43,948
Assessed 2024
Previous assessed
$43,948
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$43,948
Land market value
$43,948
Total market value
$43,948
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
1.22 ac (53,317 SF)
APN
453655
UPID
US82-9196393
Jurisdiction
BELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.22 ac
Current owner
From public records · entity-resolved
Attarifi Thayer
Individual
Free & Clear · 8 yrs held
Mailing address
6144 N WASHTENAW AVE, CHICAGO, IL 60659-2697
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2018
—
Attarifi Thayer
Killeenwatercrestdtp Ix LLC
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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