7188 General Bruce DrTemple, TX 76501

Property Details for 7188 General Bruce Dr

Year built

2018

Lot size

4.72 AC

Property size (Sq ft)

318 SF

Property type

Commercial real estate

APN

128532

APU

128532

Description

This exceptional 5.13-acre commercial land parcel presents a unique investment opportunity in Temple, Texas. Located on the west side of Interstate 35, approximately half a mile north of the new Temple Outer Loop, this property boasts convenient access to the Interstate 35 service road and Pegasus Drive, ensuring high visibility and easy accessibility. Zoned AG – Agricultural, this versatile land offers significant potential for a variety of commercial developments. The asking price is $1,650,000, translating to a land value of $7.38 per square foot. This strategic location offers excellent exposure to a high volume of traffic, making it ideal for businesses seeking strong visibility and convenient access for customers. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. With its prime location and attractive price point, this property represents a compelling investment opportunity in a rapidly growing area. Serious inquiries are encouraged to explore the possibilities this exceptional land parcel offers. The property is situated in Bell County, Texas, with a zip code of 76501. The coordinates are 31.163863 latitude and -97.3216 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $78,589.80

  6.5%

  $72,544.40

  7%

  $67,362.70

• Comparable approach

  Method

  Valuation

  Relative Method

  $95,206

  Geo Method

  $95,206

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $134,558

  Retail / Commercial

  $70,618.80

  Mixed-Use / Specialty

  $71,642

  Hospitality / Lodging

  $54,221.50

  Office

  $72,544.40

  Institutional / Educational

  $74,934.50

  Residential Income

  $87,673.40

  Multifamily

  $98,082.40

  Automotive / Energy

  $64,229.60

  Parking / Income-Based Land

  $20,905.20

  Restaurant / Food Service

  $39,982.70

  Healthcare / Senior Housing

  $72,160.10

Location Insight

City

Temple

County

Bell

State

Texas

Latitude

31.1638

Longitude

-97.3221

CBSA code

28660

CBSA name

KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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