4863 31St StTemple, TX 76502

  • Land
  • 3.82 AC
For Lease

Property Details for 4863 31St St

Lot size
3.82 AC
Property type
Land
Property subtype
Commercial land
APN
371023
APU
371023

Description

This exceptional 2.5-acre commercial land parcel in Temple, Texas, presents a unique investment opportunity. Ideally situated at 4863 S 31st St, zip code 76502, this property offers significant potential for build-to-suit (BTS) development or ground lease (GL) arrangements. Currently undergoing the initial phase of construction for a medical facility (primary physician and urgent care), this site benefits from its strategic location just 10 minutes from downtown Temple and 12 minutes from downtown Belton. The property's prime location is further enhanced by the proximity to several new residential developments, ensuring a strong and growing customer base. The land is classified as retail and is suitable for multiple tenants. The property is located in Bell County and is currently zoned for commercial use. This is an excellent opportunity to capitalize on the burgeoning growth in the Temple-Belton area. The site's accessibility and visibility make it an attractive location for a variety of retail businesses. With up to 2.5 acres available, this property offers ample space for a large-scale development or multiple smaller projects. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. The property is listed as having a total of 0 square feet of building space, as it is primarily land for development.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $41,522,108
    Hospitality
    $38,034,028
    Educational
    $31,643,864
    Medical
    $32,732,146
    Retail
    $49,223,788
4863 31St St, Temple, Texas

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.054
Longitude
-97.3745
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,442
$515,432
-
$515,432
-
$515,432
-
$515,432

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