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Property profile & analytics
OFF-MARKET
Lifestyle centers

1401 Chestnut St Bastrop, TX 78602

0.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .658-acre redevelopment opportunity sits in the heart of Bastrop, Texas, at the hard corner of 1401 Chestnut Street. Its strategic location is directly across from the Bastrop Convention & Exhibit Center and adjacent to City Hall, ensuring high visibility and foot traffic. The property boasts over 10,000 vehicles per day passing by, presenting a unique chance to capitalize on this bustling area. This is one of the last remaining redevelopment tracts available in downtown Bastrop, making it a truly rare find. An adjacent 17,000 square foot lot is also available from a separate seller, offering potential for expansion. The property is zoned for a variety of uses, including retail, restaurant, bar, hotel, office, or venue, allowing for significant flexibility in development plans. Zoning and use restrictions should be independently verified by the buyer. Showings are by appointment only; please do not disturb the current tenant or their customers. This is an unparalleled chance to invest in a thriving Texas town and create a landmark property.

Property profile
Verified
Property type Lifestyle centers
Lot 0.66 ac (28,662 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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