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Property profile & analytics
OFF-MARKET
Land

17340 Lookout Rd Selma, TX 78154

7.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.2-acre commercial and industrial land parcel is located at 17340 Lookout Road in Selma, Texas, 78154, within Comal County. The property offers significant development potential, with 2.5 acres immediately available for lease, sale, or build-to-suit options. The remaining 4.7 acres are currently under a net-net-net (NNN) land lease with a remaining term of approximately 1.9 years, expiring October 31, 2026, and featuring 3% annual rent increases. This provides a covered land play for future expansion. The property boasts excellent frontage on Lookout Road and is zoned for industrial use. The asking price for the entire 7.2-acre parcel is $3,700,000, translating to a land value of $11.75 per square foot. This presents a unique opportunity for businesses seeking land in a desirable location with flexible options for immediate use and future growth. The property is individually owned.

Property profile
Verified
Property type Land
Lot 7.2 ac (313,632 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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