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    Highway 290 Giddings, TX 78942

    For Sale
    Contact for pricing

    Texas land: Retail, residential, industrial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional investment opportunity in Giddings, Texas, featuring multiple commercial and residential land parcels ranging from 1 to 9.84 acres. Located on East Highway 290, this property boasts a high-traffic location ideal for quick-service restaurants (QSRs), retail establishments, and hotels. The site benefits from a signalized intersection ensuring excellent visibility and accessibility. The land is flat and ready for immediate development, with all utilities readily available. Zoning permits both general commercial and agricultural residential uses, offering flexibility for various development plans. This prime location is situated within an Opportunity Zone, providing potential tax advantages. Furthermore, state and city incentive packages are available for qualifying businesses. Giddings, the county seat of Lee County, is experiencing significant growth and presents a unique opportunity to capitalize on the underserved retail and dining sectors. Two remaining retail pad sites are available, making this a rare chance to establish a presence in a thriving Texas market. The price per square foot ranges from $3 to $9, depending on the parcel size and location.

    Property Features for 0 Highway 290

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • High‑traffic location on Hwy 290, ideal for QSRs, retail, and hotels.
    • Signalized intersection ensures excellent visibility and accessibility.
    • Flat, ready‑for‑development land with all utilities available.
    • Located in an Opportunity Zone.
    • State and city incentive packages available.
    • Giddings, Lee County's county seat, offers strong growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Giddings
    County
    Lee
    State
    Texas
    Longitude
    -96.8994495
    Latitude
    30.185302

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    FAQs

    What type of property is this?
    Land - Texas land: Retail, residential, industrial
    Where is this land located?
    The property is located at Highway 290 Giddings, TX.
    What are key features of this property?
    This property features: High-traffic location on Hwy 290, ideal for QSRs, retail, and hotels.; Signalized intersection ensures excellent visibility and accessibility.; Flat, ready-for-development land with all utilities available.
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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
    Highway 290 Giddings, TX 78942
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