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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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519 W Veterans Memorial Boulevard , Killeen, TX 76541
$249,900
Est. Payment: $1,360.82/mo
1200 Sqft
0.25 Acres
Status: active | Days on site: 68
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Agent profile image
Jeannette Spinelli
Broker Associate & Founder

House Description

High-visibility commercial asset on West Veterans Memorial Blvd, now vacant and available for immediate redevelopment. Former gas station with underground tanks still in place, creating a rare opportunity for investors targeting fuel-related repositioning or strategic value-add plays in a high-traffic corridor. Positioned directly in front of a hotel and apartment community, the site benefits from steady traffic counts, built-in demand, and proximity to Fort Hood, supporting both short-term activation and long-term appreciation. With the previous mixed-use operation now closed, the property offers a clean slate for higher-yield concepts and faster execution timelines. Ideal for restaurants, convenience stores, liquor stores, specialty retail, or neighborhood service tenants, with strong fundamentals driven by surrounding commercial activity. Multiple exit strategies available: redevelop, ground-lease, reposition, or hold for appreciation. Buyer to verify zoning and environmental items. A centrally located Killeen commercial site offering visibility, demand, and investor-grade upside with immediate redevelopment readiness.

Highlights

Listed by Oraya Fernandez , 254-833-3379 Real Broker , 855-450-0442. Central Texas MLS

Property Type

Commercial Sale

Lot/Acreage
0.25

Year Built

1988

County

Bell

Neighborhood

Rodeway Sub

School District

Killeen ISD

Listing ID

618658

Questions about this listing?

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Interior Features

Air Cond:Central Air,Electric,1 Unit
Fireplaces:
Floor:Combination
Water:Public

Exterior Features

Zoning:C
Roof:Flat
Others:
  • ▪ Additional:Resale
Sewer:Public Sewer
Parking Features:Four or more Spaces,Parking Space(s)
Principal Interest
$1,361
Taxes
$159

Home Price

$249,900

Loan Details

30 yrs
7.228%

Down Payment

20%
$49,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,360.82

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,360.82 $159.31 $0.00 $1,520.14
Yearly $16,329.90 $1,911.74 $0.00 $18,241.63
Total $489,896.96 $57,352.05 $0.00 $547,249.01

Today's Rates

30 Year

7.23%

20 Year

6.94%

15 Year

6.71%

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Market insight data is pulled from the same city as the listing being viewed (Killeen, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-24T01:20:41.000Z

© 2026 Central Texas MLS