512 2Nd StKilleen, TX 76541

Property Details for 512 2Nd St

Year built

2007

Lot size

0.30 AC

Property size (Sq ft)

2,000 SF

Property type

Commercial real estate

APN

316658

APU

316658

Description

This exceptional freestanding office building, located at 512 S 2nd St, Killeen, Texas 76541, presents a compelling investment opportunity. The property boasts 2,000 square feet of space, ideal for an owner-user or savvy investor. Classified as a Class C building, it offers a solid foundation for a variety of professional uses. Its "executive office" designation suggests a sophisticated and potentially upscale interior, though specific details regarding the interior finishes and layout would need to be verified through a property inspection. The building benefits from prominent pylon signage, ensuring high visibility and accessibility for clients and employees. Its central Killeen location provides easy access to major thoroughfares and local amenities. The asking price is $400,000. Note that the marketing materials initially listed the building as 3,000 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $494,275

  6.5%

  $456,254

  7%

  $423,665

• Comparable approach

  Method

  Valuation

  Relative Method

  $598,780

  Geo Method

  $598,780

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $846,279

  Retail / Commercial

  $444,143

  Mixed-Use / Specialty

  $450,579

  Hospitality / Lodging

  $341,016

  Office

  $456,254

  Institutional / Educational

  $471,286

  Residential Income

  $551,405

  Multifamily

  $616,870

  Automotive / Energy

  $403,960

  Parking / Income-Based Land

  $131,479

  Restaurant / Food Service

  $251,463

  Healthcare / Senior Housing

  $453,837

Location Insight

City

Killeen

County

Bell

State

Texas

Latitude

31.1136

Longitude

-97.7322

CBSA code

28660

CBSA name

KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].