Mixed-Use Office / Retail · B-5 Commercial Zoning
3902 Dobbs Avenue
Offering Price
$110,000
Price / SF
~$78
Size
1,404 SF
Zoning
B-5
The Asset
MIXED-USE OFFICE / RETAIL.
Versatile ~1,404 SF mixed-use office/retail building on Dobbs Avenue. B-5 commercial zoning supports office, retail, mixed-use, residential conversion, church/assembly, or value-add repositioning. Open layout with strong visibility and extreme flexibility on final buildout.
Move-in ready with 2 bathrooms and a break room with kitchenette and on-demand hot water. Seller is open to a 12-24 month leaseback at an attractive cap rate, offering immediate cashflow for an investor buyer. Convenient access to Veterans Memorial Highway (Business 190), Fort Cavazos, and the regional Killeen-Temple workforce. Buyer to verify all measurements, condition, zoning, and permitted uses.
Price
$110,000
~$78 / SF
Size
1,404
Square feet
Zoning
B-5
Commercial mixed-use
Submarket
76543
Killeen · Central Texas
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Interactive Site Tour
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Investment Thesis
Accessible entry. Immediate cashflow. Flexible strategy.
01
B-5 Commercial Zoning
The B-5 designation allows office, retail, mixed-use, residential conversion, church/assembly, or value-add repositioning, giving a buyer broad flexibility in a corridor with built-in drive-by visibility.
02
1,404 SF of Flexible Space
Open, adaptable square footage suited for professional office, service retail, showroom, or a hybrid layout. Move-in ready with 2 bathrooms and a break room with kitchenette and on-demand hot water.
03
Accessible Entry Price
At $110,000, the property offers a lower barrier to entry for an owner-operator or investor seeking a small commercial foothold in the Killeen market.
04
Immediate Cashflow via Seller Leaseback
Seller is open to a 12–24 month leaseback at an attractive entry cap rate, allowing a buyer to generate income from day one while planning future use or stabilization.
05
Central Texas Connectivity
Minutes to Veterans Memorial Highway (Business 190) and Fort Cavazos, with easy access to I-14/US-190, Harker Heights retail, and the greater Killeen-Temple MSA.
Potential Uses
B-5 zoning opens multiple paths.
01
Office
Professional services, small firm headquarters, medical office, or back-office operation with street presence and accessible parking.
02
Retail
Neighborhood service retail, showroom, or light commercial storefront serving the 76543 trade area and Fort Cavazos workforce.
03
Mixed-Use
Combine office and retail under one roof, or owner-operate one use while leasing the remaining space to a complementary tenant.
04
Residential Conversion
Convert into a residential rental unit or small multifamily setup, subject to Killeen zoning verification, permits, and utility approvals.
05
Church / Assembly Use
Ministry, assembly, or community gathering use in a neighborhood setting, subject to city zoning, parking, and occupancy requirements.
06
Value-Add Repositioning
Re-tenant, rebrand, or reposition the space to capture higher rents or a stronger use in the corridor. The low basis and flexible B-5 zoning make it a strong candidate for a hands-on sponsor.
Valuation Frame
$110,000 · ~$78 / SF.
A practical entry point into commercial ownership with multiple use options. Move-in ready with 2 bathrooms and a break room with kitchenette and on-demand hot water. The seller is open to a 12–24 month leaseback at an attractive entry cap rate, offering a buyer immediate cashflow while planning future use. Detailed income and expense projections are available on request to qualified principals.
List Price
$110,000
~$78 / SF
Size
1,404 SF
Mixed-use office/retail
Leaseback
12–24 Mo
Attractive entry cap rate
Zoning
B-5
Commercial · Killeen, TX
Demographics · Killeen Submarket
A workforce and consumer pocket of Central Texas.
Within three miles: 119,417 residents, $53,976 median household income, and a dense daytime employee base. The 25–45 cohort anchors both workforce-housing and neighborhood service demand around Fort Cavazos.
Population (3-mi)
119,417
197,598 at 5 miles
Median HH Income (3-mi)
$53,976
$61,566 at 5 miles
Median Age (3-mi)
27.5
Prime workforce cohort
Daytime Employees (3-mi)
91,300
146,269 at 5 miles
Household Income · 3-Mile Radius
Workforce-income distribution.
<$25K
8,444
$25–50K
11,684
$50–100K
15,249
$100–150K
4,995
>$150K
2,711
Age Cohort · 3-Mile Radius
25–45 dominates the rental pool.
<20
35,398
20–25
17,914
25–45
38,144
45–65
18,866
65+
7,881
Tenure Mix · 3-Mile
61% renters.
A 1.6:1 renter-to-owner ratio inside three miles supports consistent demand for workforce housing and neighborhood services in the 76543 trade area.
Renters
26,480 · 61%
Homeowners
16,603 · 39%
Source: 2024 demographic estimates · 1, 3, and 5-mile radii from 3902 Dobbs Avenue, Killeen, TX.
Location Read
Killeen · the Fort Cavazos market.
- Anchored by Fort Cavazos · the largest active-duty Army installation in the U.S.
- 45,000+ active-duty personnel and a regional workforce sustain consumer and service demand
- Killeen population ~153,000 · central corridor with drive-by visibility
- B-5 zoning allows office, retail, mixed-use, residential conversion, church/assembly, or value-add repositioning
- Convenient access to Veterans Memorial Highway (Business 190) and the regional Killeen-Temple workforce
3902 Dobbs Avenue · Killeen, TX 76543
Presented By
Taylor Sherwood
Echelon Property Group · eXp Realty
Echelon Property Group
Represented by the Investment Properties team
Tours by appointment. Offers reviewed as received.
Detailed financials and permitted-use verification available on request.
echelonpropertygroup.com · @theinvestorbroker
