$2,700,000
Parcel ID: 470627 is 1.455 AC, Parcel ID: 470628 is 1.063 AC, Parcel ID: 470633 is 1.425 AC, Parcel ID: 470635 is 1.388 AC, Parcel ID: 470636 is 1.525 AC, Parcel ID: 470637 is 1.446 AC, Parcel ID: 531512 is 1.84 AC, Parcel ID: 531513 is 0.41 AC, Parcel ID: 531514 is 1.26 AC.
Market Dynamics & Location Strengths
The primary value driver for land on Stefek Drive is its proximity to Fort Hood (formerly Fort Cavazos), one of the largest military installations in the world. The area benefits from durable, recession-resistant daytime population numbers and steady year-round consumer traffic.
• Retail Synergy: The corridor sits directly behind or adjacent to major retail draws along S. Fort Hood St and Elms Road, including an H-E-B grocery store, McDonald’s, and Papa John’s. It is also well-positioned within the broader Killeen Mall trade area.
• Connectivity: The location offers direct, uncomplicated access to Interstate 14 (US 190), making it an easy pipeline for traffic moving toward Temple, Waco, or south toward Georgetown and Austin.
• Demographics: The immediate area features a solid localized consumer base, with an estimated population of over 11,500 people living within a 1-mile radius.
Land Inventory & Pricing Breakdown
Stefek Drive features a dense concentration of subdivided, ready-to-develop commercial lots. The majority of these parcels range from 1.0 to 9.77 acres, making them highly flexible for a variety of commercial end-uses.
It is all B-5 or B-4 zoning.
Electric,water and Sewer available
Certain lots already have detention requirements taken care with design.
618250
MLS
Stefek Drive, Killeen
Listing courtesy of Jim Wright Company. Contact: (254) 526-5117