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South 5th - Zoned for 40 DU/Ac MF Development 20.01 Acres of Commercial Land Offered at $2,179,525 in Temple, TX 76502
INVESTMENT HIGHLIGHTS
- Highest Density Zoning in Temple (40 DU/Ac)
- Mixed-Use Opportunity
- In the Path of Growth
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $2,179,525 | Lot Size | 20.01 AC |
| Price Per AC | $108,921.79 |
| Price | $2,179,525 |
| Price Per AC | $108,921.79 |
| Lot Size | 20.01 AC |
Currently Platted as mixed-use subdivision (Commercial/Townhome). Plat can be abandoned.
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: $2,179,524.60 ($2.50/SF).
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South 5th - Zoned for 40 DU/Ac MF Development
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