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    #2 Bastrop, TX 78602

    For Sale
    $1,104,900

    High-growth area, 3.38 acres, excellent visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3.38-acre commercial lot presents a remarkable investment opportunity in Bastrop, Texas. Situated at the strategic intersection of FM 20 and Adelton Boulevard within the burgeoning Adelton master-planned community, this property boasts unparalleled visibility and accessibility. With approximately 357 feet of frontage on FM 20 and approximately 372 feet on Adelton Boulevard, this site offers significant potential for a variety of retail developments. The Adelton community is experiencing substantial growth, with approvals in place for 1,200 residential units and 125,000 square feet of commercial space, ensuring a robust and expanding customer base. This property is ideally positioned to capitalize on this burgeoning market. A key advantage is that no portion of this site lies within the FEMA 100-year floodplain, minimizing risk and simplifying development. All utilities will be stubbed to the site, streamlining the construction process and reducing development costs. The asking price is $1,104,900, translating to approximately $7.50 per square foot. Don't miss this chance to secure a prime retail location in one of Texas' fastest-growing communities.

    Property Features for #2

    General Information

    Property type
    Other commercial real estate
    Lot Size
    147,233 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bastrop
    County
    Bastrop
    State
    Texas
    Longitude
    -97.37301
    Latitude
    30.10989

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    FAQs

    What type of property is this?
    Commercial real estate - High-growth area, 3.38 acres, excellent visibility.
    Where is this commercial real estate located?
    The property is located at #2 Bastrop, TX.
    What is the asking price?
    The asking price for this property is $1,104,900.
    (512) 472-2100
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    #2 Bastrop, TX 78602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    #2 Bastrop, TX 78602
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