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    Marketplace Ave Kyle, TX 78640

    For Sale
    Contact for pricing

    9.12-acre prime development site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9.12-acre parcel, zoned PUD, presents a remarkable multifamily development opportunity in the thriving city of Kyle, Texas. Located at the intersection of Marketplace Ave and Burleson St, this property boasts unparalleled accessibility and connectivity. Kyle, with a population of 53,763, is one of Texas' fastest-growing cities, experiencing significant economic expansion with recent additions like HPI, Majestic Realty, Alsco, and ENF. The site benefits from its proximity to the billion-dollar Uptown Kyle development, featuring a hotel, convention center, office spaces, soccer complex, and numerous retail establishments. Strategic location offers easy access to I-35, State Hwy 21 via FM150W, and State Hwy 123, placing it within a short commute of Austin (26 minutes), San Marcos (16 minutes), Austin-Bergstrom International Airport (ABIA) (24 minutes), and San Antonio (59 minutes). The property's APN is R99809 and its location is in Hays County, TX, zip code 78640. This site represents a unique chance to capitalize on Kyle's explosive growth and create a highly desirable multifamily community. The property's central Texas location and excellent infrastructure make it an ideal investment for discerning developers.

    Property Features for 0 Marketplace Ave

    General Information

    Property type
    Multifamily properties
    Lot Size
    397,267 SF

    HighLights

    • 9.12‑acre PUD‑zoned multifamily development site in Kyle, TX.
    • Prime location at Marketplace Ave and Burleson St.
    • High‑growth Kyle, TX location (population 53,763), near major employers and Uptown Kyle development.
    • Excellent access to I‑35, Hwy 21, Hwy 123, and major cities (Austin, San Marcos, San Antonio).
    • APN R99809, Hays County, TX, 78640.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kyle
    County
    Hays
    State
    Texas
    Longitude
    -97.871891202363
    Latitude
    30.001362238076

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    FAQs

    What type of property is this?
    Multifamily property - 9.12-acre prime development site
    Where is this multifamily property located?
    The property is located at Marketplace Ave Kyle, TX.
    What are key features of this property?
    This property features: 9.12-acre PUD-zoned multifamily development site in Kyle, TX.; Prime location at Marketplace Ave and Burleson St.; High-growth Kyle, TX location (population 53,763), near major employers and Uptown Kyle development.
    (512) 575-5125
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    Marketplace Ave 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
    Marketplace Ave Kyle, TX 78640
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