Property profile

4863 31st St Temple, TX 76502

OFF-MARKET
Commercial land
Property ID
US82-3679778
3.82 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel in Temple, Texas, presents a unique investment opportunity. Ideally situated at 4863 S 31st St, zip code 76502, this property offers significant potential for build-to-suit (BTS) development or ground lease (GL) arrangements. Currently undergoing the initial phase of construction for a medical facility (primary physician and urgent care), this site benefits from its strategic location just 10 minutes from downtown Temple and 12 minutes from downtown Belton. The property's prime location is further enhanced by the proximity to several new residential developments, ensuring a strong and growing customer base. The land is classified as retail and is suitable for multiple tenants. The property is located in Bell County and is currently zoned for commercial use. This is an excellent opportunity to capitalize on the burgeoning growth in the Temple-Belton area. The site's accessibility and visibility make it an attractive location for a variety of retail businesses. With up to 2.5 acres available, this property offers ample space for a large-scale development or multiple smaller projects. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is listed as having a total of 0 square feet of building space, as it is primarily land for development.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.82 ac (166,356 SF)
APN 371023
UPID US82-3679778

Cap rate & NOI

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

Location

4863 31st St Temple, TX 76502-3455
Temple metro Census 21304 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 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2005
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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