Fm 1431 Jonestown, TX 78645
- Commercial real estate
- 8.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Fm 1431
- Lot size
- 8.18 lot acres
- Property type
- Commercial real estate
Description
This exceptional 8.18-acre commercial property in Jonestown, Texas, presents a remarkable investment opportunity. The 1.23-acre tract is strategically located on FM 1431, offering unparalleled visibility to high daily traffic volumes. Its advantageous position adjacent to the intersection of FM 1431 and Lohman Ford Road makes it ideal for a variety of commercial uses. Envision a thriving strip center, fast-food restaurant, coffee shop, or drive-thru establishment capitalizing on this prime location. The property's elevated position provides expansive views, enhancing its appeal and marketability. The site's commercial zoning simplifies development, while its proximity to a 6.954-acre residentially zoned tract (Travis Co. TX ID: 178446) at 7609 Cocklebur offers potential for synergistic development or future expansion. This underserved area is experiencing significant growth, creating a strong demand for commercial services. Furthermore, efforts are underway to secure reciprocal access to Lohman Ford Road, further enhancing the property's accessibility and value. This is a rare opportunity to acquire a highly visible, well-positioned commercial tract in a rapidly developing market. The asking price is $3,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jonestown
- County
- Travis
- State
- Texas
- Longitude
- -97.913
- Latitude
- 30.5064