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Live Oak Commercial Lot
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Lookout Rd, Live Oak, TX 78233

9.1 acre commercial lot ideal for multifamily development.

Property SizeContact for details
Lot Size9.10 Acres
Days on Market1889

Property Features for Lookout Rd

General Information

Standard status Active
Lot size 9.10 Acres
Property subtype Multifamily, Land
Zoning R-5
Listing Agency: KW Commercial
Listed By: Rav Singh, CCIM · License #TX 0560351
Source: Crexi
Added: Jun 13, 2021 Changed: Aug 8 Last Checked: Aug 8 at 11:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial

Investment Insights

Based on property information with market context.

A 9.1-acre commercial lot is available for sale in Live Oak, behind the intersection of Loop 1604 and Lookout Rd. This is one of the last large pieces of undeveloped land in the City of Live Oak. The land is suitable for multifamily development, accommodating 22 units per acre under R-5 zoning (Apartment/Multifamily). According to the city of Live Oak, multifamily housing is permitted in a B-3 zone through a specific use permit or rezoning to a planned unit development, potentially increasing the density from 22 to 25 units per acre. The new owner will have rights to use the adjacent 12.1-acre drainage easement for hiking trails and greenbelt, which should also aid in water detention and development. Prospective buyers should consult an independent engineer to confirm the location, accessibility, and capacity of all utilities.

Key Highlights

  • Prime 9.1‑acre commercial lot in the City of Live Oak.
  • Located behind the intersection of Loop 1604 and Lookout Rd.
  • Ideal for Multifamily development with R‑5 zoning allowing 22 units per acre.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 78233, TX

49,442
Population
19,396
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
91%
High-School Grad
13.7 sq mi
ZIP Area
3,609
Density / Sq Mi
$73,729
Median Household Income
$41,817
Median Earnings
$1,456
Median Rent
$203,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 9.1 acre commercial lot ideal for multifamily development.
Where is this commercial land located?
The property is located at Lookout Rd Live Oak, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime 9.1‑acre commercial lot in the City of Live Oak.; Located behind the intersection of Loop 1604 and Lookout Rd.; Ideal for Multifamily development with R‑5 zoning allowing 22 units per acre.
(210) 849-2175 Call to check price and availability
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