Hempstead St Giddings, TX 78942
- Commercial real estate
- 7.22 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Hempstead St
- Lot size
- 7.22 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.22-acre property presents a unique investment opportunity in Giddings, Texas. Strategically located just off Hempstead Street, it enjoys high visibility and proximity to major retailers including Walmart, Buc-ee's, McDonald's, and Whataburger, all easily accessible via Highway 290. The property's zoning offers flexibility, with portions designated for commercial use and others for agricultural purposes. This dual-zoning allows for a diverse range of development possibilities, catering to various business needs and investment strategies. City utilities are readily available, simplifying infrastructure connections for any planned development. The location within a designated Opportunity Zone adds significant tax advantages, further enhancing the property's appeal. This prime location, combined with its versatile zoning and access to essential amenities, makes this a compelling investment for entrepreneurs and developers seeking a foothold in a thriving Texas community. The presence of over 400 businesses in Giddings underscores the town's robust economic environment and potential for future growth. This 7.22-acre tract offers a rare blend of commercial potential and agricultural flexibility, making it an ideal choice for a wide spectrum of development projects. Don't miss this chance to acquire a significant piece of Giddings' commercial landscape.
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
- Giddings
- County
- Lee
- State
- Texas
- Longitude
- -96.9375
- Latitude
- 30.182