Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4500 FM 2720 Maxwell, TX 78656

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $475,000

    Ideal commercial lot for development in a high-growth area.

    Type:Commercial/Industrial
    Lot size:
    4.10 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    37
    Last Refresh:
    Apr 5 at 10:10 pm

    Property Features for 4500 FM 2720

    General Information

    Standard status
    Active
    Lot size
    4.10 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Kaylee Sutton
    Kaylee Sutton

    Listing agent Kaylee Sutton License #0700093

    Listing office Land Unlimited

    Listing date Mar 12, 2026

    Source Exitrealty

    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 Land Unlimited

    Overview

    Commercial Lot in High-Traffic Area

    This commercial lot is situated in a high-traffic area, making it ideal for a development project. Located on FM 2720, an area anticipated to be a prime development spot for commercial ventures, especially with rumored interest from Micron. TXDOT has plans to widen FM 2720, and County Line SUD is installing a 24-inch water line along the property border in preparation for significant growth in the area. Several developments have been recently announced in this area of Lockhart, including a data center, industrial park, storage facility, grocery store, and master-planned community, along with other large-scale developments coming to the immediate vicinity of this property. The tract is situated outside the flood plain, offering optimal conditions for commercial development. The highest and best use for this property is identified as commercial, with prospective ventures including a hotel, self-storage facility, restaurant, or car wash, making it an ideal investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Department Store Discount Store Storage Facility (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Maxwell
    County
    Caldwell
    State
    Texas
    Longitude
    -97.8525
    Latitude
    29.9108

    Nearby Similar for Sale

    • $799,000

      Unrestricted Land Near Future Development

      24 acres with frontage near future industrial park.
      Fm-1984, Maxwell, TX 78656
      View Details
    • $3,000,000
      1,976 SF

      Prime Development Land in Maxwell, TX

      27.82 acres with development potential in Caldwell County.
      2143 Fm 1966, Maxwell, TX 78656
      View Details
    • $745,000

      Hill Country Living on Acreage

      Spacious home on 16 acres with barn and pond.
      182 Lantana Lane, Maxwell, TX 78656
      View Details
    • $475,000

      Commercial Land in High-Traffic Area

      Commercial lot ideal for development in a high-growth area.
      4500 FM 2720, Maxwell, TX 78656
      View Details
    • $475,000

      Commercial Lot in High-Traffic Area

      Ideal commercial lot for development in a high-growth area.
      4500 FM 2720, Maxwell, TX 78656
      View Details
    • $3,000,000

      Land Available in Maxwell, Texas

      Land for sale in Caldwell County, near FM 1966.
      2143 Fm 1966, Maxwell, TX 78656
      View Details
    • Contact for pricing

      Prime Land Parcels For Development

      Two adjacent parcels ideal for retail development near growing subdivisions.
      6920 Camino Real, Maxwell, TX
      View Details
    • $3,000,000

      27.82 Acres Development Opportunity

      Prime land in Caldwell County's growth corridor, ideal for development.
      2143 FM 1966, Maxwell, TX 78656
      View Details
    • Contact for pricing

      Highway Corner Land Parcel

      Two land parcels suitable for retail development near residential area.
      101 Summit Ln, Maxwell, TX
      View Details
    • Contact for pricing

      24.7 Acres in High Growth Corridor

      Land in high-growth area near developments and infrastructure investments.
      152 Sundance Ct, Maxwell, TX 78656
      View Details
    • Contact for pricing

      Highway 21 Frontage Land

      Land with frontage on Highway 21, near IH-35.
      Hwy 21, Maxwell, TX
      View Details
    • Contact for pricing

      103.7 Acres Near San Marcos

      103.7 acres near San Marcos with highway frontage.
      William Pettus Rd, Maxwell, TX 78656
      View Details

    FAQs

    What type of property is this?
    Commercial land - Ideal commercial lot for development in a high-growth area.
    Where is this commercial land located?
    The property is located at 4500 FM 2720 Maxwell, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: High‑traffic location on FM 2720, anticipated to be a prime commercial development spot.; TXDOT plans to widen FM 2720, improving accessibility.; Significant growth in the area with announced developments including a data center, industrial park, and master planned community.
    (512) 729-7139
    We can help!
    Listing Contact
    Kaylee Sutton
    Kaylee Sutton
    Real Estate License ID: 0700093
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!