1900 Elms RdKilleen, TX 76542

  • Commercial land
  • 0.43 AC
For Lease
$19.80/SF/YR View listing

Property Details for 1900 Elms Rd

Lot size
0.43 AC
Property type
Commercial land
APN
421311
APU
421311

Description

This exceptional commercial property in Killeen, TX, offers two 1,500 sq ft suites within an 18,000 sq ft, Class A, multi-tenant building situated on a 1.66-acre lot at 1900 E Elms Rd. Built in 2007, the property boasts 9 total suites across two single-story buildings, providing ample parking with 91 spaces. One suite is a finished retail space (available February 1, 2025), currently used as a computer repair shop, ideal for retail, professional office, or medical use. The second suite is a raw, unfinished shell, ready for immediate build-out to suit a tenant's specific needs. Both suites offer excellent visibility and accessibility, located on Elms Rd between WS Young Dr and Trimmier Rd, near the Shilo Inn and Killeen Convention Center. The property is zoned B-5. Lease terms are modified gross, with a 5-year lease at a base rate of $1.75/sq ft for the finished space and $1.65/sq ft for the raw space. Landlord covers trash dumpster and water (finished space only); tenants are responsible for all other utilities. Nearby businesses include The Hair Lounge Salon, Felicity Nails And Spa, Fiber One, Edward Jones, All City Real Estate, Laurel Ridge, and Regional Finance. This property presents a unique opportunity for businesses seeking a prominent location in a thriving Killeen commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,631,788
    Hospitality
    $4,242,693
    Educational
    $3,529,871
    Medical
    $3,651,268
    Retail
    $5,490,910

Location Insight

City
Killeen
County
Bell
State
Texas
Latitude
31.0771
Longitude
-97.7268
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
$706
$37,485
-
$37,485
-
$37,485
-
$37,485

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