High-Visibility Highway Frontage
For Sale
$650,000
1587 State Highway 71 W #A, Cedar Creek, TX 78612
1.76-acre commercial lot with 300+ feet of frontage along State Highway 71 in Cedar Creek, TX.
Property Size2,764 SF
Price / SF$235.17
Days on Market492
Property Features for 1587 State Highway 71 W #A
General Information
Standard status
Active
Size
2,764 SF
Property subtype
Commercial
Building Details
Building Size
2,764 SF
Year Built
1980
Listing Agency:
All City Real Estate Ltd. Co
(866) 277-6005
Listed By:
Jason Bray
Source:
Loessinproperties
Added: Mar 28, 2025
Changed: Jul 29
Last Checked: Jul 31 at 1:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All City Real Estate Ltd. Co
Investment Insights
Based on property information with market context.
This 1.76-acre commercial property in Cedar Creek, TX offers over 300 feet of high-visibility frontage along State Highway 71. The land provides ample space for commercial development and is suited for businesses seeking strong roadway presence.
The site’s location on a major thoroughfare provides prominent exposure to passing traffic, supporting retail, restaurant, or other commercial uses that benefit from drive-by visibility. The property is positioned just minutes from the growing communities of Cedar Creek and Bastrop.
With its generous frontage and development-ready lot size, the property offers a straightforward platform for a new commercial build along State Highway 71.
The site’s location on a major thoroughfare provides prominent exposure to passing traffic, supporting retail, restaurant, or other commercial uses that benefit from drive-by visibility. The property is positioned just minutes from the growing communities of Cedar Creek and Bastrop.
With its generous frontage and development-ready lot size, the property offers a straightforward platform for a new commercial build along State Highway 71.
Key Highlights
- 1.76‑acre commercial lot in Cedar Creek, TX
- 300+ feet of frontage along State Highway 71
- Over 300 feet of high‑visibility frontage on one of the area’s busiest roads
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $26.04 |
| − Vacancy | −$2.4k | −$0.89 |
| EGI | $69.5k | $25.15 |
| − OpEx | −$20.9k | −$7.55 |
| NOI | $48.7k | $17.61 |
2,764 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$695.3K
$608.4K – $811.2K
NOI $48,669 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$947.7K – $1.26M
NOI $75,818 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 22%
Circle K
Shops & Services
21,951 visits/mo
0.4 miles
SONIC Drive In
Dining
11,243 visits/mo
0.5 miles
Stripes
Shops & Services
10,312 visits/mo
0.3 miles
Dollar General
Shops & Services
6,612 visits/mo
0.4 miles
Sames Bastrop Chrysler Dodge Jeep Ram
Shops & Services
1,838 visits/mo
0.1 miles
Demographics for 78612, TX
16,265
Population
5,981
Households
2.7
Avg Household Size
37
Median Age
21%
College-Educated
74%
High-School Grad
99.1 sq mi
ZIP Area
164
Density / Sq Mi
$90,925
Median Household Income
$39,263
Median Earnings
$1,642
Median Rent
$239,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.76-acre commercial lot with 300+ feet of frontage along State Highway 71 in Cedar Creek, TX.
Where is this commercial land located?
The property is located at 1587 State Highway 71 W #A Cedar Creek, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1.76‑acre commercial lot in Cedar Creek, TX; 300+ feet of frontage along State Highway 71; Over 300 feet of high‑visibility frontage on one of the area’s busiest roads
