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    Village Rd Salado, TX 76571

    For Sale
    $2,088,266

    Prime 7.99-acre commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 7.99-acre commercial land tract in Salado, Texas, presents a unique investment opportunity. Located within a burgeoning 174-lot residential subdivision, this property boasts city water and sewer access, ensuring seamless development. Its highly visible location offers easy access to IH-35, providing excellent connectivity. The site is conveniently situated near Salado Elementary, Junior High, and High Schools, benefiting from the strong local community and school district. Further enhancing its appeal, the Salado Independent School District owns adjacent land with plans for a new elementary school, indicating continued growth in the area. The flexible Local Retail (LR) zoning allows for diverse commercial development possibilities. The property's proximity to Waco and Austin, along with its 33-minute drive to Round Rock and one-hour drive to downtown Austin, adds to its strategic location and market appeal. Additional acreage may be available for assemblage, providing potential for expansion. This prime location in the thriving Village of Salado offers significant potential for commercial development and strong returns on investment. The property's APN is 1148. The asking price is $2,088,266.

    Property Features for 0 Village Rd

    General Information

    Property type
    Land
    Lot Size
    348,044 SF

    HighLights

    • 7.99 acres of commercial land, with potential for expansion by 1+ acres.
    • Fronts a new 174‑lot residential subdivision.
    • City water and sewer available.
    • Excellent IH‑35 access.
    • Near all Salado ISD schools.
    • Strategically located between Waco and Austin, along I‑35.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salado
    County
    Bell
    State
    Texas
    Longitude
    -97.536800120763
    Latitude
    30.95739969424

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    FAQs

    What type of property is this?
    Land - Prime 7.99-acre commercial land
    Where is this land located?
    The property is located at Village Rd Salado, TX.
    What is the asking price?
    The asking price for this property is $2,088,266.
    What are key features of this property?
    This property features: 7.99 acres of commercial land, with potential for expansion by 1+ acres.; Fronts a new 174-lot residential subdivision.; City water and sewer available.
    (512) 296-0877
    Request Owner's contact information
    Village Rd Salado, TX 76571
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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
    Village Rd Salado, TX 76571
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