Your email has been sent.
Stefek Drive Lots - Stefek Drive - Multiple Lots 21.94 Acres of Commercial Land Offered at $2,700,000 in Killeen, TX 76542

Executive Summary
Certain lots already have detention requirements taken care with design.
Property Facts
| Price | $2,700,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 21.94 AC |
| No. Lots | 1 | Cross Streets | Elms Road |
| Property Type | Land | ||
| Zoning | B-5 - B-4 | ||
| Price | $2,700,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 21.94 AC |
| Cross Streets | Elms Road |
| Zoning | B-5 - B-4 |
1 Lot Available
Lot Multipe
| Price | $2,700,000 | Lot Size | 21.94 AC |
| Price Per AC | $123,062.90 |
| Price | $2,700,000 |
| Price Per AC | $123,062.90 |
| Lot Size | 21.94 AC |
Certain lots already have detention requirements taken care with design.
Description
This specific pocket of Killeen—located just off S. Fort Hood Street (SH 195) and near the highly trafficked W. Elms Road—serves as a notable hub for small-to-midsize commercial infill development. Market Dynamics & Location Strengths The primary value driver for land on Stefek Drive is its proximity to Fort Hood (formerly Fort Cavazos), one of the largest military installations in the world. The area benefits from durable, recession-resistant daytime population numbers and steady year-round consumer traffic. • Retail Synergy: The corridor sits directly behind or adjacent to major retail draws along S. Fort Hood St and Elms Road, including an H-E-B grocery store, McDonald’s, and Papa John’s. It is also well-positioned within the broader Killeen Mall trade area. • Connectivity: The location offers direct, uncomplicated access to Interstate 14 (US 190), making it an easy pipeline for traffic moving toward Temple, Waco, or south toward Georgetown and Austin. • Demographics: The immediate area features a solid localized consumer base, with an estimated population of over 11,500 people living within a 1-mile radius. Land Inventory & Pricing Breakdown Stefek Drive features a dense concentration of subdivided, ready-to-develop commercial lots. The majority of these parcels range from 1.0 to 9.77 acres, making them highly flexible for a variety of commercial end-uses.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,416,695 | Total Assessment | $2,416,695 |
Property Taxes
Presented by
Stefek Drive Lots - Stefek Drive - Multiple Lots
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
