For Sale
$5,800,000

Sanders Farm Rd Temple, TX 76502

14.5 Acres, Multifamily Zoning, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 14.522-acre commercial land parcel presents a remarkable opportunity for multi-family development in Temple, Texas. Located on Sanders Farm Rd, with a new lighted intersection at West Adams Avenue (FM 2305), this property boasts convenient access to major thoroughfares. Secondary access is provided via the Tanglehead Drive extension, connecting to Old West Waco Road. A site plan is already approved for a substantial 290-unit apartment complex, complete with amenities, common areas, green spaces, and on-site detention. All utilities are conveniently stubbed to the property line, simplifying the development process. The property is situated within the desirable Belton ISD, with Lake Belton Middle School and Joe M Pirtle Elementary School nearby on Tarver Drive. Its strategic location offers easy access to Hwy 317 to the west and IH-35 to the east, ensuring excellent connectivity for residents. The asking price for this prime development site is $5,800,000. The property's APN is 520420. This is a rare opportunity to acquire a fully permitted and strategically located land parcel ideal for a large-scale multifamily project.

Highlights

  • 14.52-acre commercial land parcel in Temple, TX, ideal for multi-family development.
  • Approved site plan for a 290-unit apartment complex with amenities.
  • Convenient access to major thoroughfares, including Hwy 317 and IH-35.
  • Utilities stubbed to the property line.
  • Located in Belton ISD, near schools.
  • Asking price: $5,800,000; APN: 520420.

Property Details for 0 Sanders Farm Rd

Property type
Land
Lot Size (sq. ft)
632,578 SF

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.11962804758
Longitude
-97.423579716996

FAQs

What type of property is this?
Land - 14.5 Acres, Multifamily Zoning, Prime Location
Where is the land located?
The property is located at Sanders Farm Rd Temple, TX.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 14.52-acre commercial land parcel in Temple, TX, ideal for multi-family development.; Approved site plan for a 290-unit apartment complex with amenities.; Convenient access to major thoroughfares, including Hwy 317 and IH-35.
How can I contact the broker?
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0 Sanders Farm Rd
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