1402 57Th StTemple, TX 76504

  • Other commercial real estate
  • 840 SF
For Sale
$1,995,000 View listing

Property Details for 1402 57Th St

Year built
1997
Lot size
6.32 AC
Property size (Sq ft)
840 SF
Zone code
LI
Property type
Other commercial real estate
APN
73861
APU
73861

Description

This exceptional 6.32-acre commercial land parcel presents a rare opportunity in Temple, Texas. Strategically located inside Loop 363, this property enjoys unparalleled access to Interstate 35, a major transportation artery. The LI (Light Industrial) zoning, with IH-35 Overlay, allows for a diverse range of industrial uses. Utilities are readily available along the 57th Street frontage. The site benefits from its proximity to a thriving retail corridor, including national brands like Aaron's, Cavender's, Dollar General, and 7-Eleven, as well as local favorites such as Clem Mikeska's Bar-B-Q and Rylandre's Best Hamburgers. This location also places the property near a dense residential area, ensuring a strong potential customer base. The property's size, zoning, and prime location make it ideal for a variety of commercial developments. The asking price is $1,995,000. The APN is 73861. This is one of the few remaining undeveloped tracts of this size along IH-35 within the loop in Temple. The property is situated one block south of the well-lit intersection of IH-35 and 57th Street, providing excellent visibility and accessibility. Further south, just over half a mile away, is another retail area connected via SW HK Dodgen Loop (US Hwy 190). This presents a unique opportunity to capitalize on the high traffic volume and strong commercial presence in this rapidly growing area of Temple.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $209,662
    Hospitality
    $192,049
    Educational
    $159,783
    Medical
    $165,278
    Retail
    $248,551
1402 57Th St, Temple, Texas

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.0909
Longitude
-97.3783
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
$6,606
$746,060
$12,852
$758,912
-
$746,060
$12,852
$758,912

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