3999 State Hwy Bastrop, TX 78602
This exceptional 1.149-acre commercial land parcel is strategically located on Highway 71 in Bastrop, Texas. Priced at $400,000 ($478,677.11/acre), this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The lot is zoned commercial P5, allowing for a broad range of development options, including retail, office, and other commercial uses. Its location offers easy access to major employment centers such as downtown Austin, Tesla Giga Factory, Austin Airport, Circuit of the Americas (COTA), SpaceX, and the Boring Company. The property is situated in an area with a diverse mix of building types, including commercial, retail, offices, row houses, and apartments. Utilities, including water and sewer, are available. An approved and shared curb cut enhances accessibility. Potential buyers should consult the Bastrop B3 Code Book (starting on page 15) for detailed development information and contact Bastrop County Development Services regarding the Lost Pines Habitat Conservation Permit. While all information is believed to be accurate, buyers are urged to verify all details and conduct thorough due diligence. APN: R33274.
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
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.