Commercial Land for Sale in Central Texas on State Highway 3

Description

This Commercial Land for Sale is 1 acre on highly traveled State Highway 36 in Gatesville, TX. It is just down the road from Wal-Mart, Wal-Greens, Ace Hardware, Local Restaurants, and other retail stores. It is next to the Holiday Inn Express and Drive In Movie Theater. It has water and access to the city sewer. This property is currently used for rental income with a home built in 1950. This investment opportunity is not only affordable, it is in a great location. The 2020 traffic counts within a tenth of a mile of the location counted over 12,000 vehicles with the am peak between 11:30 am and 12:30 pm and the pm peak between 5:00 pm and 6:00 pm. The North side of the Ft Hood Army Base is only 4 miles away. This is a great opportunity to get a space for a restaurant, retail store, or rental income with duplexes.

This property is located in Gatesville, Texas. It just 5 minutes from the up and coming Gatesville downtown area, the newly remodeled Coryell Memorial Hospital, and two medical clinics. This property is 40 minutes from Waco, the home of the Baylor Bears and the downtown Magnolia Market and only 35 minutes from Temple, which features a Hub of Medical Care. Killeen is only 40 minutes away which is home of the Fort Hood Military Base. Additionally, this property is just 20 minutes from McGregor, home of SpaceX. This property is 1 hour and 15 minutes from Taylor TX where Samsung Electronics is building a new advanced chip plant and is 1.5 hours from Austin, TX and near the Texas Gigafactory for Tesla.