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    Camino Real Kyle, TX 78640

    For Sale
    $1,930,404

    Two retail hard corners, high growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity encompasses two prime commercial land parcels totaling 3.693 acres in the thriving city of Uhland, Texas, Hays County. Located on either side of the newly paved Hollyhock Road, at the hard corners of Hollyhock Road and State Highway 21/Camino Real, these lots present a unique chance to develop retail space catering to the burgeoning Marigold subdivision. This rapidly growing residential community, developed by D.R. Horton, boasts 431 lots directly adjacent to the property, ensuring a built-in customer base. Lot 1 spans 2.227 acres, while Lot 114 measures 1.466 acres. Both parcels benefit from readily available on-site water and sewer utilities, simplifying development. The property is zoned General Business (GB), permitting a wide array of retail and commercial uses as detailed in the City of Uhland's Zoning Ordinance (47-Zoning-Ordinance Land Use, page #7). The asking price is $1,930,404, translating to $12 per square foot. Importantly, the land is not located within a floodplain and features off-site detention. This presents a rare opportunity to capitalize on the significant growth potential of this high-demand location. An interactive story map providing further details is available online.

    Property Features for 0 Camino Real

    General Information

    Property type
    Land
    Lot Size
    64,033 SF

    HighLights

    • 3.693‑acre land parcel.
    • GBU zoning.
    • On‑site water and electric utilities.
    • No floodplain designation.
    • Off‑site detention.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kyle
    County
    Hays
    State
    Texas
    Longitude
    -97.776764
    Latitude
    29.965676

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    FAQs

    What type of property is this?
    Land - Two retail hard corners, high growth area.
    Where is this land located?
    The property is located at Camino Real Kyle, TX.
    What is the asking price?
    The asking price for this property is $1,930,404.
    What are key features of this property?
    This property features: 3.693-acre land parcel.; GBU zoning.; On-site water and electric utilities.
    Request Owner's contact information
    Camino Real Kyle, TX 78640
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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
    Camino Real Kyle, TX 78640
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