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Property profile & analytics
OFF-MARKET
Land

0 Camino Real Kyle, TX 78640

1.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses two prime commercial land parcels totaling 3.693 acres in the thriving city of Uhland, Texas, Hays County. Located on either side of the newly paved Hollyhock Road, at the hard corners of Hollyhock Road and State Highway 21/Camino Real, these lots present a unique chance to develop retail space catering to the burgeoning Marigold subdivision. This rapidly growing residential community, developed by D.R. Horton, boasts 431 lots directly adjacent to the property, ensuring a built-in customer base. Lot 1 spans 2.227 acres, while Lot 114 measures 1.466 acres. Both parcels benefit from readily available on-site water and sewer utilities, simplifying development. The property is zoned General Business (GB), permitting a wide array of retail and commercial uses as detailed in the City of Uhland's Zoning Ordinance (47-Zoning-Ordinance Land Use, page #7). The asking price is $1,930,404, translating to $12 per square foot. Importantly, the land is not located within a floodplain and features off-site detention. This presents a rare opportunity to capitalize on the significant growth potential of this high-demand location. An interactive story map providing further details is available online.

Property profile
Verified
Property type Land
Lot 1.47 ac (64,033 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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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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