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Property profile & analytics
OFF-MARKET
Land

1007 Old Mcdade Rd Elgin, TX 78621

10.8 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.8-acre commercial land parcel presents a remarkable investment opportunity in Elgin, Texas, located within the city's extraterritorial jurisdiction (ETJ). Priced at $1,293,732 ($2.75 per square foot), this property boasts significant advantages for developers. The land is currently unzoned, offering flexibility for a wide range of commercial uses. Ideal for projects such as flex space, warehousing, industrial facilities, equipment rental yards, or automotive sales centers. The site is equipped with essential infrastructure, including three-phase power, eight-inch water lines, and natural gas access. Two convenient driveway entrances enhance accessibility and logistical efficiency. Situated at 1007 Old McDade Rd, Elgin, TX 78621, this property is strategically located in Bastrop County and presents a compelling opportunity within a designated Opportunity Zone. This designation may offer significant tax advantages for qualified investors. Don't miss this chance to acquire a substantial and versatile commercial land holding in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 10.8 ac (470,448 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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