17340 Lookout Rd Selma, TX 78154
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.
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
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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.