Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    753 Union Chapel Rd Cedar Creek, TX 78612

    Sponsored
    For Sale
    $1,630,464

    4.54 Acres, High-Traffic Location, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    406
    This exceptional 4.54-acre commercial land parcel presents a unique investment opportunity in Cedar Creek, Texas. Strategically located on 753 Union Chapel Rd, the property boasts an impressive 429 feet of frontage along Highway 71, ensuring high visibility and accessibility. Its prime location is just 12 miles east of the Tesla GigaFactory, placing it within a rapidly growing and economically vibrant region. The property's versatility allows for a wide range of development possibilities, including retail, fast food establishments, multi-family residential, office/warehouse space, or even a hotel. The adjacency to Cedar Creek High School (Bastrop Independent School District) provides a significant advantage for projects targeting families and the local community. All utilities are readily available, simplifying the development process. Adding to its appeal, the Oaks RV Park currently operates on the rear of the property. Nearby attractions such as the Hyatt Lost Pines Resort, McKinney Roughs Nature Park, NLand Surf Park, and Optimum Health Institute, along with the historic downtown Bastrop, further enhance the property's desirability and potential for attracting customers and residents. This is a rare opportunity to acquire a substantial commercial tract in a high-growth area with exceptional visibility and diverse development potential. The asking price for this remarkable property is $1,630,464. The property is located in Bastrop County, Texas, zip code 78612.

    Property Features for 753 Union Chapel Rd

    General Information

    Property type
    Land
    Lot Size
    197,762 SF

    We can help!

    Listing Contact
    Zach Roesinger
    Zach Roesinger

    Learn more

    HighLights

    • Prime location, 12 miles east of Tesla GigaFactory.
    • 429 feet of Hwy 71 frontage provides excellent visibility and accessibility.
    • Versatile zoning allows for retail, fast food, multi‑family, office/warehouse, or hotel development.
    • Adjacent to Cedar Creek High School (Bastrop ISD), offering a strong demographic draw.
    • All utilities readily available on‑site.
    • Existing Oaks RV Park provides potential income or redevelopment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Clothing Store Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Creek
    County
    Bastrop
    State
    Texas
    Longitude
    -97.46733985
    Latitude
    30.13930453

    Nearby Comparable

    • Contact for pricing

      Highway Frontage Land For Sale

      Commercial land with highway frontage and development potential.
      753 Union Chapel Rd, Cedar Creek, TX 78612
      View Details
    • $2,000,000

      Land For Sale

      Commercial land available for purchase.
      131 Still Forest Dr, Cedar Creek, TX 78612
      View Details
    • $126,000
      399 SF

      Prime Cedar Creek Park Model RV

      Furnished Park Model, High Rental Income
      126 Stoney Brook Dr, Cedar Creek, TX 78612
      View Details
    • $1,350,000

      Cedar Creek Specialty Property

      Specialty property available for sale in Cedar Creek, Texas.
      454 Leisure Ln, Cedar Creek, TX 78612
      View Details
    • Contact for pricing
      9.92 Acres

      Hwy 71 West Commercial Land

      9.92 Acres, High-Traffic Location
      1604 State Highway 71, Cedar Creek, TX 78612
      View Details
    • $2,480,000

      Unrestricted Land Near Bluebonnet School

      32 acres of unrestricted land near Bluebonnet Elementary School.
      312 Blue Flame Rd, Cedar Creek, TX 78612
      View Details
    • $550,000

      Highway 71 West Development Opportunity

      Heavily wooded 0.919-acre lot with Highway 71 access.
      1546 Highway 71 W, Bastrop, TX 78602
      View Details
    • $950,000

      4 Acres in Cedar Creek

      4-acre lot in Cedar Creek, Bastrop County, Texas.
      120 James Hoskins Ln, Cedar Creek, TX 78612
      View Details
    • $2,999,000

      Commercial Property Near Highway 71

      Commercial property on 5+ acres, near Highway 71.
      121 James Hoskins Ln, Cedar Creek, TX 78612
      View Details
    • $450,000

      Versatile Duplex on Unrestricted Acres

      Duplex on 3.2 acres with income and development potential.
      161 Fm 1209, Cedar Creek, TX 78612
      View Details
    • $1,297,000

      Commercial Land on Corner Lot

      4-acre corner lot with commercial development potential in Cedar Creek.
      120 Leisure Ln, Cedar Creek, TX 78612
      View Details
    • Contact for pricing
      21.60 Acres

      Bastrop Commercial Land - 21.6 Acres

      Prime Bastrop development land, unrestricted.
      154 Greenfields Dr, Bastrop, TX 78602
      View Details

    Nearby Similar for Sale

    • $450,000

      Versatile Duplex on Unrestricted Acres

      Duplex on 3.2 acres with income and development potential.
      161 Fm 1209, Cedar Creek, TX 78612
      View Details
    • $2,999,000

      Commercial Property Near Highway 71

      Commercial property on 5+ acres, near Highway 71.
      121 James Hoskins Ln, Cedar Creek, TX 78612
      View Details
    • $1,250,000

      Cedar Creek Specialty Property

      Specialty property for sale in Cedar Creek, Texas.
      426 State Highway 21 W, Cedar Creek, TX 78612
      View Details
    • $1,350,000

      Cedar Creek Specialty Property

      Specialty property available for sale in Cedar Creek, Texas.
      454 Leisure Ln, Cedar Creek, TX 78612
      View Details
    • $126,000
      399 SF

      Prime Cedar Creek Park Model RV

      Furnished Park Model, High Rental Income
      126 Stoney Brook Dr, Cedar Creek, TX 78612
      View Details

    FAQs

    What type of property is this?
    Land - 4.54 Acres, High-Traffic Location, Development Potential
    Where is this land located?
    The property is located at 753 Union Chapel Rd Cedar Creek, TX.
    What is the asking price?
    The asking price for this property is $1,630,464.
    What are key features of this property?
    This property features: Prime location, 12 miles east of Tesla GigaFactory.; 429 feet of Hwy 71 frontage provides excellent visibility and accessibility.; Versatile zoning allows for retail, fast food, multi-family, office/warehouse, or hotel development.
    (512) 474-5557
    Request Owner's contact information
    753 Union Chapel Rd Cedar Creek, TX 78612
    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.
    753 Union Chapel Rd
    Cedar Creek, TX 78612
    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
    753 Union Chapel Rd Cedar Creek, TX 78612
    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

    We can help!
    Listing Contact
    Zach Roesinger
    Zach Roesinger
    Real Estate License ID: 733765
    (512) 474-5557
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.