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Property profile & analytics
OFF-MARKET
Land

0 Highway 290 Giddings, TX 78942

1 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in Giddings, Texas, featuring multiple commercial and residential land parcels ranging from 1 to 9.84 acres. Located on East Highway 290, this property boasts a high-traffic location ideal for quick-service restaurants (QSRs), retail establishments, and hotels. The site benefits from a signalized intersection ensuring excellent visibility and accessibility. The land is flat and ready for immediate development, with all utilities readily available. Zoning permits both general commercial and agricultural residential uses, offering flexibility for various development plans. This prime location is situated within an Opportunity Zone, providing potential tax advantages. Furthermore, state and city incentive packages are available for qualifying businesses. Giddings, the county seat of Lee County, is experiencing significant growth and presents a unique opportunity to capitalize on the underserved retail and dining sectors. Two remaining retail pad sites are available, making this a rare chance to establish a presence in a thriving Texas market. The price per square foot ranges from $3 to $9, depending on the parcel size and location.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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