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West Adams Ave - 14.522 Acres MF Land 14.52 Acres of Commercial Land Offered at $5,800,000 in Temple, TX 76502

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INVESTMENT HIGHLIGHTS

  • Busy east-west corridor
  • Belton ISD
  • Site Plan approved

EXECUTIVE SUMMARY

Site Plan approved for 290-unit apartment complex with amenities, common areas, green spaces, and on-site detention.

PROPERTY FACTS

Price $5,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 14.52 AC
Cross Streets Sanders Farm Road
Zoning commercial - approved for multi-family

1 LOT AVAILABLE

Lot 1

Price $5,800,000
Price Per AC $399,449.04
Lot Size 14.52 AC

14.522 acres of land zoned for multi-family commercial development. Site Plan approved for 290-unit apartment complex with amenities and on-site detention.

DESCRIPTION

Located on the south side of West Adams Avenue (FM 2305) and Sanders Farm Road in west Temple. The property is situated in the favorable Belton ISD school district with elementary and middle schools nearby. Sanders Farm Road is a lighted intersection with West Adams Avenue and has been extended to Tarver Drive to the south. The south property line is Tanglehead Drive which connects to Old West Waco Road to the east. New single family residential under construction immediately to the south. Brand new Chick-fil-a open on Northern pad. Additionally, here are proximities to notable nearby locations: Walmart: .80 Miles Holy Trinity Catholic High School: 1.1 Miles Lake Belton Middle School: 1.3 Miles Lakewood Elementary School: 2.6 Miles Lake Belton High School: 2.9 Miles McLane Company Inc: 4.3 Miles Lake Belton: 5 Miles University of Mary Hardin Baylor: 5.4 Miles Baylor Scott and White Medical Center: 6.6 Miles

  • Listing ID: 31917881

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: West Adams Ave, Temple, TX 76502

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