0 Parmer Ln And Wildhorse Rnch Trl Austin, TX 78653
This exceptional 1.38-acre commercial land parcel presents a unique investment opportunity in Austin, Texas. Located at the intersection of Parmer Lane and Wildhorse Ranch Trail in Manor, Travis County (zip code 78653), this C-4 zoned property is ideally situated within the rapidly expanding Wildhorse Ranch Planned Unit Development (PUD). Wildhorse Ranch, an 1800+ acre residential community, is currently under construction, with over 300 homes already built in the first phase directly across Parmer Lane. Upon full build-out, the community will boast over 5,800 residential units, ensuring a substantial and growing customer base for any retail development. The site will be delivered fully platted, with utilities in place and off-site detention already established, minimizing development hurdles and accelerating the timeline to occupancy. This location benefits from its proximity to major employers such as Capital Reyes, Samsung, Applied Materials, and Tesla, further solidifying its potential for strong returns. The surrounding area also features several large established communities, contributing to a robust and diverse demographic profile. This prime retail pad site offers unparalleled access to a thriving residential market and a strong workforce, making it an exceptional investment opportunity in one of Austin's fastest-growing areas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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