990 Marlandwood RdTemple, TX 76502

  • Commercial real estate
  • 3,161 SF
For Sale
$800,000 View listing

Property Details for 990 Marlandwood Rd

Year built
2004
Lot size
0.73 AC
Property size (Sq ft)
3,161 SF
Property type
Commercial real estate
APN
318184
APU
318184

Description

This exceptional two-story, 3,236 square foot Class B office building is situated on a 0.726-acre lot at 990 Marlandwood Rd, Temple, TX 76502. Currently 100% occupied with a single tenant under a NNN lease expiring January 1, 2024, generating a Net Operating Income (NOI) of $4,400. The asking price is $800,000, translating to $247.22 per square foot. The property features ample parking and is conveniently located near major retailers including Walmart, Sam's Club, Lowe's, and Academy Sports, offering excellent accessibility and visibility. Zoned for Office and Retail use, this building presents a strong investment opportunity with its established tenancy and prime location in a thriving commercial area of Bell County. The property includes one building with two stories and is identified by APN 318184. This is a single-unit property offering immediate income potential. The building's convenient location provides easy access to a wide range of amenities and services, making it an attractive option for businesses seeking a strategic location in Temple, Texas. This turnkey operation requires minimal effort to maintain its current income stream.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $788,979
    Hospitality
    $722,700
    Educational
    $601,278
    Medical
    $621,957
    Retail
    $935,322

Location Insight

City
Temple
County
Bell
State
Texas
Latitude
31.0625
Longitude
-97.3638
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
$9,606
$63,249
$361,751
$425,000
-
$63,249
$361,751
$425,000

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