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Property profile & analytics
OFF-MARKET
Mixed-use properties

9200 And Fm 1283 Lakehills, TX 78063

333,364 SF 7.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.65-acre commercial property in Lakehills, Texas, presents a unique investment opportunity. Located at the intersection of FM 1283 and Park Road 37 in Bandera County (zip code 78063), this expansive lot boasts over 650 feet of frontage on Park Road 37 and offers convenient access from Laurel Ridge Drive. The property comprises five lots, deeded for commercial or residential use, and is free from HOA restrictions. A private water well with connections on Laurel Ridge Drive serves all five lots. The land features three relatively level areas separated by greenbelts, ideal for a multi-use development. Preliminary site work has been completed in the area intended for retail development along Park Road 37. The substantial lot size mitigates concerns regarding on-site sewage facilities for any future development. Two existing manufactured homes are included: a 1680 sq ft, 3-bed, 2-bath Solitaire with a detached two-car garage and a partial concrete driveway

Property profile
Verified
Property type Mixed-use properties
Total area 333,364 SF
Lot 7.65 ac (333,365 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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