For Sale
$1,197,000

985 Pea Ridge Rd Temple, TX 76502

7-Acre Shovel-Ready Site, Approved Plat

Overview

Added:
Dec 11, 2024
Days on market:
137
This 6.985-acre commercial and residential land parcel in Temple, TX, is ideally located at the intersection of Pea Ridge Road and Traver. The property boasts an approved plat for townhome development and is completely shovel-ready, minimizing pre-construction delays and costs. Situated near Draughon Miller Airport and major thoroughfares (N. Pea Ridge Road and Highway 36), this site offers excellent visibility and accessibility. Temple's thriving real estate market, characterized by recent strong sales and affordable land prices, presents a compelling investment opportunity. The city's economic growth, including new corporate campuses and healthcare districts, further strengthens the property's potential. While specific utility details are not provided, Temple generally offers robust infrastructure support for new developments, consistent with the "shovel-ready" designation. This prime location, combined with the approved plat and immediate development readiness, makes this a highly attractive investment for developers seeking to capitalize on the growing demand for multi-family housing in Temple. The property is zoned C2 and has an APN of 529145. The asking price is $1,197,000.

Highlights

  • Excellent development opportunity.
  • High-traffic location with strong visibility.
  • Zoned for mixed-use development, allowing for diverse project options.
  • Utilities readily available at the site.
  • Favorable terms available for qualified buyers.

Property Details for 985 Pea Ridge Rd

Property type
Land
Lot Size (sq. ft)
304,267 SF

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.111551223942
Longitude
-97.432918532737

FAQs

What type of property is this?
Land - 7-Acre Shovel-Ready Site, Approved Plat
Where is the land located?
The property is located at 985 Pea Ridge Rd Temple, TX.
What is the asking price?
The asking price for this property is $1,197,000.
What are key features of this property?
This property features: Excellent development opportunity.; High-traffic location with strong visibility.; Zoned for mixed-use development, allowing for diverse project options.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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985 Pea Ridge Rd
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