Killeen, Texas, is an attractive destination for investors seeking to capitalize on the city's growing economy and strategic location. With a population exceeding 127,000, Killeen offers a diverse range of commercial land opportunities, making it an ideal place to invest in commercial land for sale. Commercial land in Killeen can represent a variety of investments, from retail and office spaces to industrial and agricultural properties. The city's proximity to Fort Hood, a major military post, has driven economic growth and development, making it an attractive location for businesses and industries that cater to the military community. Killeen's amenities, infrastructure, location, education, and geography also make it an attractive place to invest in commercial land. For instance, the city is home to Central Texas College and Texas A&M University-Central Texas, providing a skilled workforce. Additionally, Killeen has a well-developed transportation system, including the Killeen–Fort Hood Regional Airport and major highways like Interstate 14/U.S. Highway 190. The city's attractions, such as Vive Les Arts Theatre, and nearby companies like defense contractors, further enhance its appeal. With 32 commercial land listings available for sale, Killeen offers a wide range of opportunities for investors.
Killeen's commercial land market is characterized by its average price per square foot of , with an average size of square feet. The largest property available is 0 square feet, offering ample space for various commercial activities. With an average cap rate of , commercial land in Killeen presents a promising investment opportunity. The city's economy is heavily influenced by the military presence, with major corporations like defense contractors and businesses that cater to the military community. Other property types available in Killeen include residential land, office spaces, and industrial properties, each offering unique investment opportunities. Overall, Killeen's commercial land market offers a diverse range of investment options, making it an attractive destination for investors seeking to capitalize on the city's growth and development.
What are common commercial uses for land in the Killeen market?
In the Killeen market, common commercial uses for land include retail development, office spaces, and restaurants, which cater to the needs of the military community and support the local economy. Additionally, commercial land is also used for defense contracting, logistics, and warehousing, taking advantage of the city's proximity to Fort Hood and its transportation infrastructure, including the Killeen–Fort Hood Regional Airport and major highways like Interstate 14/U.S. Highway 190.
What are common ways to purchase land to use in development projects?
When it comes to purchasing land for development projects in Killeen, Texas, there are several common ways to do so. For instance, investors can buy land directly from property owners, work with real estate agents or brokers, or purchase from government auctions or online marketplaces, such as CityFeet.com, which currently has 32 available listings of commercial land for sale, with an average price per square foot of and an average size of square feet.
Before making a purchase, it's essential to do your due diligence and research the property thoroughly, including its zoning regulations, environmental factors, and potential for development. If you're new to buying land, it's a good idea to start by reading our guide on how to buy land, which provides valuable insights and tips for investors looking to get into the land development game.
