40 DU/Ac Mixed-Use Development Land
Land | 20 acres
Marketing description
DESCRIPTION: 20.014 Acres of Potential Mixed-Use Development Land.
LOCATION: At the intersection South 5th Street and Waters Dairy. US-190/HK Dodgen Loop 363 to the North and FM 93 to the South. Site has Proximity to National Brand Retailers and Major Medical and Education Employers as well as a number of Class-A MF and Mixed-Use Developments.
MARKET: Temple is located on IH-35, between Austin & DFW, along the Texas Triangle. A diverse economic region characterized by rapid growth, low unemployment and a low cost of living.
LAND USE: Mixed-Use; Residential, Multi-Family, Retail, Medical.
ZONING: TMED-S. Allows for Commercial and Residential Uses (40 DU/Ac Density).
ROAD FRONTAGE: 763' on South 5th Street, a Major Arterial Thoroughfare. Access onto Kings Crossing Blvd to the North.
UTILITIES:
- City Water On-Site (12"), Hydrant On-Site.
- City Sewer at NWC of Property
- O.H. Electric On-Site (Oncor/3-Phase).
DEMOGRAPHICS: 91,600 Pop. (5-Mi.); $75,500 Median HH Income (1-Mi.).
PRICE: $1,600,000 ($1.84/SF).
Investment highlights
- In the path of growth
- City Utilities
- Parks & Schools in Walking Distance
- Trail Connection
- Highest Density By Right Zoning Possible
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