281 Hwy Blanco, TX 78606
This exceptional 10.04-acre commercial property boasts over 500 feet of frontage on US Highway 281, offering unparalleled visibility and accessibility. Located just two miles north of Blanco, Texas, this unrestricted and ag-exempt land presents a unique investment opportunity. The property features a private entrance, ensuring privacy and seclusion, while still enjoying easy access to the vibrant Texas Hill Country. The mostly level terrain is ideal for a variety of uses, including agricultural businesses or residential development. Mature oak trees dot the landscape, adding to its natural beauty. The soil is rich and fertile, making it suitable for agricultural endeavors. Enjoy phenomenal views of the surrounding hill country. Two sides of the property are already fenced. Its convenient location provides easy access to the Texas Wine Trail, and is less than an hour from both Austin and San Antonio. The property's APN is 86629. The asking price is $775,000, translating to $77,191.24 per acre. This is a rare opportunity to acquire a substantial tract of land with significant commercial potential in a highly desirable location. The property is zoned for both commercial and residential use. The address is 281 Highway, Blanco, TX 78606.
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
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Property description
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Risks
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