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    21 Hwy Kyle, TX 78640

    For Lease
    Contact for pricing

    High-traffic Hwy 2 retail space; lease or buy.

    Lot size:
    57,850 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 57,850 square foot commercial property, situated on busy Highway 21, presents a unique investment opportunity. The single-story building offers multiple tenancy options, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 20,000 square feet. Currently, the entire 57,850 square feet is vacant, providing flexibility for a variety of uses. The property is zoned PDD and sits on a 6.54-acre lot, providing ample space for development. With 237 parking spaces available, customer convenience is ensured. The strategic location offers unparalleled access to major transportation arteries, being just 12 minutes from the 130 Toll Road to the northeast and 10 minutes from IH 35 to the west. Highway 21 boasts an estimated 6% annual traffic increase, guaranteeing high visibility and potential for significant returns. All utilities are available on-site. A key feature is the availability of a pad site with a drive-thru option, ideal for restaurants or other businesses requiring this amenity. This property is ready for immediate development and presents a compelling opportunity for businesses seeking high-traffic exposure and convenient access to major roadways.

    Property Features for 21 Hwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,850 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Drive Thru
    Size
    3,700 SF
    Space
    Drive Thru
    Size
    3,700 SF
    Space
    Small Market Grocery
    Size
    22,850 SF
    Space
    Auto Parts/Retail
    Size
    7,500 SF
    Space
    Restaurant/Retail
    Size
    4,200 SF
    Space
    Restaurant/Retail
    Size
    4,200 SF
    Space
    Retail
    Size
    11,700 SF

    HighLights

    • High‑traffic Hwy 21 location with estimated 6% annual traffic growth.
    • Prime location: 12 minutes from the 130 Toll Road and 10 minutes from IH 35.
    • Full utilities available on‑site.
    • Pad site available with drive‑thru option.
    • 57,850 SF retail center on 6.54 acres in Hays County, zoned PDD. Multiple tenancies available, ranging from 1,200 to 20,000 contiguous SF. 237 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Kyle
    County
    Hays
    State
    Texas
    Longitude
    -97.799745010584
    Latitude
    29.94423969465

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Hwy 2 retail space; lease or buy.
    Where is this individual retail property located?
    The property is located at 21 Hwy Kyle, TX.
    What are key features of this property?
    This property features: High-traffic Hwy 21 location with estimated 6% annual traffic growth.; Prime location: 12 minutes from the 130 Toll Road and 10 minutes from IH 35.; Full utilities available on-site.
    Request Owner's contact information
    21 Hwy 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
    21 Hwy Kyle, TX 78640
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