104 Gazley St Smithville, TX 78957
This 0.44-acre ranch property in Smithville, Texas, offers 157 feet of frontage on Highway 95. Its strategic location provides exceptional access to major transportation routes, placing it within convenient reach of the new Bastrop 552 Film Studio and Buc-ee's. Furthermore, its proximity to downtown Austin, the Tesla factory, and Circuit of the Americas (COTA) enhances its appeal for both residential and commercial development. Smithville itself boasts a robust economy, with key sectors including transportation and warehousing, education, healthcare, and hospitality. The city is experiencing significant growth, fueled by the influx of major companies and individuals to the Bastrop County area. Recent reports project a substantial 42% population increase for Bastrop County within the next five years. This presents a unique investment opportunity to capitalize on the region's rapid expansion and secure a piece of this thriving market. The property's highway frontage makes it particularly suitable for a variety of commercial ventures, while its location also offers residential development potential. This prime lot represents a compelling investment in a rapidly growing area with strong economic indicators. The listed price is $94,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.