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Property profile & analytics
OFF-MARKET
Commercial real estate

Hwy 183 Lockhart, TX 78644

26.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 26.36-acre commercial property boasts over 1,050 feet of prime frontage along Highway 183, just south of the thriving city of Lockhart, Texas. Located outside the extraterritorial jurisdiction (ETJ), this expansive tract presents a multitude of development opportunities. The land offers a desirable blend of approximately 17 acres of partially wooded terrain and approximately 9 acres of cleared land, creating a versatile canvas for various projects. The property features a picturesque mixture of trees in the rear, enhancing its natural appeal. A wildlife exemption is currently in place, and the property is fenced on three sides, providing a degree of security and privacy. A wet weather creek runs along the southern edge, adding a unique natural element to the landscape. The seller is open to considering the division of the property into tracts of 10 acres or more, providing flexibility for potential buyers. The property's strategic location offers convenient access to major transportation arteries, with an approximate 35-40 minute drive to Austin-Bergstrom International Airport (ABIA) and Tesla, and a short 4.5-mile distance to a Walmart. Please note that the seller may have imposed certain restrictions

Property profile
Verified
Property type Commercial real estate
Lot 26.36 ac (1,148,242 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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