0 Highway 290 Giddings, TX 78942
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.