Prime Multifamily Development Site!

3320 E Rancier Ave Killeen, TX 76543

3320 E Rancier Ave, Killeen, TX, 76543
3320 E Rancier Ave, Killeen, TX, 76543 3320 E Rancier Ave, Killeen, TX, 76543 3320 E Rancier Ave, Killeen, TX, 76543 3320 E Rancier Ave, Killeen, TX, 76543 3320 E Rancier Ave, Killeen, TX, 76543 3320 E Rancier Ave, Killeen, TX, 76543
FOR SALE
Property Type:
Multifamily Land
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jun 25, 2024

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Possible seller-financing available. Prime Multifamily Development Site! Located in a path of future development, this 4.26-acre development site is now available for sale. With its highly desirable R-3 zoning, investors and developers have the opportunity to transform this site into a lucrative multifamily development in a thriving community. The Long Branch Park and Killeen Community Center Park & Walking/Biking Trails adds to the appeal, offering residents a picturesque green space just steps away. Situated in the North Killeen, this site benefits from its strategic location near major amenities, including Killeen Business Park (an expanding major job center) and a range of shops, restaurants, and entertainment options. The area is well-connected, with easy access to public transportation. 1 mile from Killeen Business Park Less than 1 mile from Killeen High School 2 Miles from Killeen Community Center and Walking/Riding Trails, Softball Fields 2.6 miles from the Killeen Mall and major retailers and restaurants along IH-14 2 miles from Downtown Killeen 3 Mile from Fort Cavazos (Formally Fort Hood)

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Map of 3320 E Rancier Ave, Killeen, TX, 76543

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.