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    000 Fm 1185 Lockhart, TX 78644

    For Sale
    $695,000

    Prime South Austin industrial land, seller financing available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property encompasses approximately 26 acres and an additional approximately 17 acres situated on FM 1185, conveniently located just off Toll Road 130 in the rapidly growing south Austin, Texas area. The seller is willing to subdivide the land to accommodate the specific needs of potential buyers, offering flexibility for various development plans. A significant advantage is the absence of existing zoning, opening up a wide range of possibilities for industrial, storage, or manufacturing uses. While most uses are permitted, a limited list of prohibited uses is available upon request. The property boasts convenient access to essential infrastructure, including an existing Aqua 8" water line connection. Its strategic location places it in close proximity to several major developments, including the Circuit of the Americas, Austin International Airport, Goodnight Ranch, and Easton Park, providing excellent connectivity and potential for significant future growth. To facilitate acquisition, the seller is offering attractive seller financing options for qualified buyers. This presents a unique opportunity to secure a substantial land parcel in a high-demand area with considerable development potential. The total acreage offered is approximately 43 acres.

    Property Features for 000 Fm 1185

    General Information

    Property type
    Other commercial real estate
    Lot Size
    435,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Parts Store Convenience Store Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lockhart
    County
    Caldwell
    State
    Texas
    Longitude
    -97.67242
    Latitude
    29.95156

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    FAQs

    What type of property is this?
    Commercial real estate - Prime South Austin industrial land, seller financing available.
    Where is this commercial real estate located?
    The property is located at 000 Fm 1185 Lockhart, TX.
    What is the asking price?
    The asking price for this property is $695,000.
    (512) 674-5727
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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
    000 Fm 1185 Lockhart, TX 78644
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