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$250,000

NAL Estimated Property Value

6620 N General Bruce DR, Temple, TX, 76501

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Exterior FeaturesSee Remarks

About this property

This land is 4 parcels surveyed into one (1.62 acres) and is currently zoned for Agricultural (AG). Electrical pole on property. Partially fenced. Perfect place for your new commercial business! This area is also within the I-35 Corridor zoning overlay. The overlay zoning will require elevated aesthetics, with enhanced landscaping and architectural features to the buildings. Business for RV sales is allowed. This would require rezoning to Commercial (C) zoning district, and Conditional Use Permit (CUP) because of the I-35 overlay. A CUP typically requires a site development plan & City of Temple is happy to help explain & answer any questions. The CUP and zoning change could proceed almost concurrently – the zoning would have to be approved before the CUP could be acted upon. The CUP could go on the next Council meeting after the zoning gets approved. Seller says property used to be Husky Trailers and had a septic system. Building has been demolished. Seller is unaware of water and sewer lines once the highway was expanded. Buyer to do his/her due diligence.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$250,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Temple

6620 N General Bruce DR | Property Details | No Agent List