Property profile

Buchanan Dam, TX 78609

OFF-MARKET
Office Spaces
0.8 ac lot
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Property summary

AI-generated overview

This exceptional 0.8-acre commercial property in Buchanan Dam, Texas, presents a remarkable opportunity for entrepreneurs and investors. Located at 10610 RM 1431, this versatile land boasts frontage on RM 1431, offering high visibility and accessibility. Just half a mile from Lake Buchanan, this flat, level lot is ready for immediate development. County permitting and engineering have already been completed, streamlining the building process. Multiple access points from RM 1431 and Roselea Drive provide flexibility in design and usage. The property includes an existing water well. Its proximity to Lake LBJ and Inks Lake (less than 10 minutes away), and its location near Hwy 29 & 1431 (Fuzzies Corner, 2 miles north), ensures high traffic and a strong customer base. A free public boat launch is conveniently located just ¾ of a mile away. The diverse potential uses include, but are not limited to: boat rentals, fishing charters, retail, landscaping, automotive services, offices, and more. This prime location offers unparalleled potential for businesses seeking to thrive in a growing lake area community. Owner financing may be considered. The asking price is $265,000. The property is zoned for Commercial, Industrial, and Residential uses.

Property profile

Verified
Property type Office Spaces
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Buchanan Dam, TX 78609
Buchanan Dam metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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