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27606471
27606472

3500 E Elms Road, Killeen, TX 76542

RD
TX TX 679442, TX TX 9013042
Pete & Larry LLC
Listed by Pete & Larry LLC
Unpriced
233 days on market
Updated 35 days ago

9.57 AC Corner Walmart Adjacent

Details
APN 170176
Property Type Land, Mixed Use
Sub Type Commercial, Residential
Broker Co-Op Yes
Class A
Acreage 9.576
Zoning B-5
Investment Type Value Add
Ownership Fee Simple

Land | Owner Finance

Marketing description

Excellent Location for a Gas Station or Multi-family!

  • 9.576 AC Corner Adjacent to Walmart EXCEPTIONAL Multi-Family, Gas Station, Restaurant location within walking distance to Walmart, all for just under $3 PSF for entire parcel. Will Divide.
  • Fast Growing Killeen MSA 8% Growth since 2020, home to Fort Hood Military Base
  • Land Lease rate is $15,000 a month, will also divide.
  • Feasibility attached has engineer drawings for:
    • Shopping center
    • Gas Station
    • Storage
    • Vehicle Storage
    • Single Family
    • Multifamily
    • Retail
  • Utilities at Curb
    • 4” Water
    • 15” Sewer
  • Zoned B-5 potential uses:
    • Building material and lumber sales (outside storage permitted)
    • Storage warehouse, greater than twenty-five thousand (25,000) square feet.
    • Veterinarian clinic or pet kennel with outside pens.
    • Railroad or bus passenger terminal.
    • Tire recapping or retreading.
    • Impound yards provided no salvaging or dismantling is allowed on the premises and site is properly screened.
    • Any commercial use not included in any other district, provided such use does not involve salvaging, manufacturing or industrial type storage or dismantling, and is not noxious or offensive because of odors, dust, noise, fumes or vibrations/
    • Mobile home sales.
    • Indoor firing range.

Investment highlights

  • Buy & Hold or Develop
  • If division is needed, PSF is as follows:
    • $3 PSF on Cunning ham
    • 3.50 PSF on Elms
    • $4 PSF on Corner
  • Adjacent to Walmart
  • Feasibility attached provides development options for:
    • Shopping Center
    • Single Family
    • Multi Family
    • Retail
  • All utilities
  • Gentle Slope Topography
  • 0.2 AC Flood Zone while permitting access from both Cunningham and Elms Rd
  • Will Divide
  • Owner finance
    • 30% Down
    • 7% Interest

Listing Contacts

RD
TX TX 679442, TX TX 9013042
Pete & Larry LLC
Listed by Pete & Larry LLC

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Additional Information

Name
Rose Durham
License
TX 679442
Brokerage Phone
2547214872
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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