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West Adams Ave - 14.522 Acres MF Land 14.52 Acres of Commercial Land Offered at $7,877,096 CAD in Temple, TX 76502

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Investment Highlights

  • Located at a lighted intersection on West Adams Avenue, a major east-west corridor in Temple.
  • All utilities available at the property line for streamlined development.
  • Site plan approved for a 290-unit multifamily development with amenities and green spaces.
  • Within Belton ISD and near multiple schools, including Lake Belton Middle and High Schools.

Executive Summary

This 14.522-acre tract offers a rare opportunity for multifamily development in one of Temple’s fastest-growing corridors. Located at the signalized intersection of West Adams Avenue (FM 2305) and Sanders Farm Road, the property benefits from high visibility along a busy east-west thoroughfare. The site is fully entitled with an approved site plan for a 290-unit apartment community featuring amenities, green spaces, and on-site detention. All utilities are stubbed to the property line, streamlining the development process.
Positioned within the Belton ISD, the property is surrounded by new single-family residential growth and is minutes from major retail, dining, and service amenities, including a recently opened Chick-fil-A and Walmart less than a mile away. The location provides convenient access to Highway 317 and Interstate 35, ensuring strong connectivity to the broader Central Texas region. Nearby employers such as McLane Company and Baylor Scott & White Medical Center, along with proximity to the University of Mary Hardin-Baylor, support a robust demand for quality housing. This site offers developers a shovel-ready opportunity in a thriving market with long-term growth potential.

Property Facts

Price $7,877,096 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 14.52 AC
Cross Streets Sanders Farm Road
Zoning commercial - approved for multi-family

1 Lot Available

Lot 1

Price $7,877,096 CAD
Price Per AC $542,499.71 CAD
Lot Size 14.52 AC

14.522 acres of land zoned for multi-family commercial development. Site Plan approved for 290-unit apartment complex with amenities and on-site detention.

Description

Located on the south side of West Adams Avenue (FM 2305) and Sanders Farm Road in west Temple. The property is situated in the favorable Belton ISD school district with elementary and middle schools nearby. Sanders Farm Road is a lighted intersection with West Adams Avenue and has been extended to Tarver Drive to the south. The south property line is Tanglehead Drive which connects to Old West Waco Road to the east. New single family residential under construction immediately to the south. Brand new Chick-fil-a open on Northern pad. Additionally, here are proximities to notable nearby locations: Walmart: .80 Miles Holy Trinity Catholic High School: 1.1 Miles Lake Belton Middle School: 1.3 Miles Lakewood Elementary School: 2.6 Miles Lake Belton High School: 2.9 Miles McLane Company Inc: 4.3 Miles Lake Belton: 5 Miles University of Mary Hardin Baylor: 5.4 Miles Baylor Scott and White Medical Center: 6.6 Miles

  • Listing ID: 31917881

  • Date on Market: 2024-05-24

  • Last Updated:

  • Address: West Adams Ave, Temple, TX 76502

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