5011 Cunningham Rd Killeen, TX 76542
This exceptional 22.505-acre property, located at 5011 Cunningham Rd, Killeen, Texas, presents a unique investment opportunity. The land is comprised of two contiguous parcels, each exceeding 11 acres, offering significant flexibility for development. Situated in Bell County (APN 60623, zip code 76542), this unimproved land boasts beautiful panoramic views and a tranquil neighborhood setting. Its prime location provides convenient access to major roadways and city utilities, making it ideal for various projects. The property is conveniently located outside of any designated flood zones, minimizing risk and streamlining the development process. The expansive acreage allows for the potential subdivision into single-family residential lots or multi-family dwellings, catering to a wide range of development possibilities. This is a rare opportunity to acquire a substantial land parcel in a desirable location with excellent potential for significant return on investment. The asking price for this remarkable property is $1,575,000. This property is zoned for Agricultural, Commercial, and Residential use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.