Property profile

County Road 346 Granger, TX 76530

OFF-MARKET
Commercial real estate
127.74 ac lot Built 2009
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Property summary

AI-generated overview

This exceptional 127.74-acre property presents a remarkable opportunity for commercial, mixed-use, or residential development. Situated just north of Austin in one of Texas's fastest-growing counties, this land offers significant potential for investors and developers. Located approximately two miles south of Granger, the property boasts approximately 1,700 feet of frontage on County Road 346, providing excellent visibility and accessibility. Its convenient location is only one mile from State Highway 95, offering easy access to major transportation routes. The property's strategic position is further enhanced by its proximity to the planned $17 billion Samsung semiconductor facility in Taylor, Texas, just ten miles to the south. The relatively flat terrain is free of floodplains, simplifying development plans. Currently under cultivation, the fertile clay soil is under a 1-d-1 AG appraisal, resulting in low property taxes and potential farm income. Water and utilities are readily available nearby. The property's versatility allows for a range of development options, including entirely residential or commercial tracts, or a combination of both. A potential layout could feature commercial development along County Road 346 and residential or multi-family units on the northern portion. Additional possibilities include storage units, a manufactured home park, or an RV park. Recreational opportunities abound with Granger Lake just three miles away. The property also includes a functioning water well, adding further value and utility.

Property profile

Verified
Property type Commercial real estate
Year built 2009
Lot 127.74 ac (5,564,354 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

County Road 346 Granger, TX 76530
Granger metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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