www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22303926
22303925

404 and 420 E Veterans Memorial Blvd Killeen, TX, Killeen, TX 76541

JW
TX 627981, TX TX: 0627981
Colt Real Estate Group
RS
TX TX 809808
Colt Real Estate Group
Listed by Colt Real Estate Group
$849,000
985 days on market
Updated 15 days ago

404 - 420 E Veterans Memorial Blvd

Details
Property Type Retail
Sub Type Auto Shop
Units 3
Cap Rate 9.50%
Occupancy 100%
Tenancy Multi
Lease Type Gross
Class C
Buildings 4
Stories 1
Acreage 1.977
Zoning B5
Sale Condition For sale by owner

MAJOR Price Reduction - Almost 2 blocks of frontage on E Veterans Memorial Blvd

Marketing description

🔥 Price Improvement – Now Offered at $895,000

Prime Commercial Opportunity on E Veterans Memorial Drive (Hwy 190) – Killeen

Take advantage of this rare opportunity to own nearly two full blocks of prime commercial frontage along high-traffic E Veterans Memorial Drive (Hwy 190), ideally positioned between S 8th Street and S 10th Street.

Located along E Veterans Memorial Blvd with traffic counts estimated at 15,000+ vehicles per day along this primary Killeen corridor.

Property Overview:

  • Total acreage: 1.977 acres (across four tax parcels)

  • Nearly two full blocks with city street access on all four sides

  • Excellent visibility and heavy daily traffic counts

  • Located in a rapidly growing commercial corridor

Existing Improvements:

  • Main building features:

    • New roof

    • Six private offices

    • Secure safe (originally constructed as a bank)

    • Breakroom and kitchen area

    • Tile flooring throughout main areas

Income-Producing Potential:

  • Two additional tenant-occupied buildings (Parcels 80574 & 7608)

  • Combined rental income: $2,700/month

Additional Highlights:

  • Seller financing available with competitive rates

  • Strong redevelopment potential for retail, office, or mixed-use

  • High-demand location in one of Central Texas’s fastest-growing markets

⚠️ Please do not disturb existing tenants or businesses. Showings by appointment only.

Investment highlights

Rare commercial opportunity in fast growing Killeen. Building has a new roof, 6 offices, there is a safe (building was a bank when built) breakroom, and kitchen area. Tile flooring throughout the main area. There are an additional 2 tenants leasing 2 buildings on parcel 80574 and parcel 7608, combined lease amount of the 2 tenants is $2700.00 monthly. There is an older residential structure on the property that would need to be demolished at some point, it is not habitable. This is an entire block with city street on all for sides. Please do not disturb any of the businesses, make an appointment for a tour.

Listing Contacts

JW
TX 627981, TX TX: 0627981
Colt Real Estate Group
RS
TX TX 809808
Colt Real Estate Group
Listed by Colt Real Estate Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jessica Webster
License
627981
Brokerage
Colt Real Estate Group
Brokerage Phone
254-526-2277
Title
Associate Broker
Brokerage Address
4205 South Fort Hood Street
Name
Robert Switzer
License
TX 809808
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591