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Investment Highlights

  • 1.6-acre commercial parcel with flexible B-3 zoning ready for diverse development uses.
  • Situated within an Opportunity Zone, creating the potential for favorable tax treatment on qualified investments.
  • Located on E Rancier Avenue, ensuring prominent exposure and strong visibility to daily traffic.
  • Suited for retail, restaurant, fast food, or light industrial development based on market demand.

Executive Summary

Any questions, please call me at (254)681-0070
Open to negotiating acre and price.
Restrictions: No Dollar Store, No Liquor Store, No Convenience Store.

Property Facts

Price $484,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Convenience Store
  • Fast Food
  • Restaurant
Total Lot Size 1.60 AC
Opportunity Zone Yes
Zoning B-3 - flexible B-3 zoning ready for diverse development uses.

1 Lot Available

Lot

Price $484,000
Price Per AC $302,500.00
Lot Size 1.60 AC

1.6-acre commercial lot on E Rancier Ave in Killeen with B-3 zoning, high visibility, and Opportunity Zone benefits. Ideal for retail, restaurant, or light industrial development near Fort Hood and dense residential areas. Provide your feedback on Bi

Description

This 1.6-acre commercial land parcel offers a strong development opportunity along E Rancier Avenue in Killeen, Texas. Positioned for maximum visibility, the site is suited for various commercial uses, including retail, industrial, quick-service restaurants, and convenience-oriented businesses. With B-3 zoning in place, this property provides flexibility for investors or developers looking to capture demand in an established trade area. Located in an Opportunity Zone, the site offers potential tax advantages for qualified investments, enhancing long-term appeal. The lot's size and configuration allow for adaptable site planning, while its frontage along a key corridor ensures steady traffic exposure. Situated in close proximity to Fort Hood and residential neighborhoods, the location benefits from a consistent consumer base and high daily pass-through volumes. Development restrictions exclude dollar stores, liquor stores, and convenience stores, supporting a curated business mix in the area. This property’s accessibility, zoning, and designation within an Opportunity Zone position it as a compelling option for buyers seeking growth potential and advantageous investment incentives in a dynamic Central Texas market.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
465897
Land Assessment
$186,489
Improvements Assessment
$0
Total Assessment
$186,489
  • Listing ID: 27822200

  • Date on Market: 2/23/2023

  • Last Updated:

  • Address: 5811 E Rancier Ave, Killeen, TX 76543

Contact the Sale Advisor

5811 E Rancier Ave

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