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Property profile

2687 Fm 685 Hutto, TX 78634

OFF-MARKET
Lifestyle centers
14,500 SF 1.5 ac lot
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Property summary

AI-generated overview

This exceptional 1.5-acre mixed-use property in Hutto, Texas, presents a unique investment opportunity. The site includes a 4,500 sq ft Valero gas station with an integrated taqueria and five gas pumps. An additional 9,000 sq ft of rentable retail space is available, featuring a drive-thru. A 1,500 sq ft office/apartment building completes the complex. All buildings are situated on a 1.5-acre lot and are accompanied by existing permits. This shovel-ready development is part of the CSW development project within the rapidly growing 130 Crossing area of Austin. The property benefits from its strategic location near major employers, including the Tesla Gigafactory and the future Samsung headquarters, both within a 10-15 minute drive. Its prime corner location on FM 685 and its proximity to TX 130 ensure high visibility and accessibility. The site also enjoys shared driveway access with a 336-unit luxury apartment complex and a medical building currently under construction, further enhancing its potential. The property's location is designed to capitalize on the significant traffic growth anticipated in the area, leveraging existing and future residential developments and retail traffic along TX 130. The asking price of $2,500,000 includes the land and all necessary permits.

Property profile

Verified
Property type Lifestyle centers
Total area 14,500 SF
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Storage Facility

Location

2687 Fm 685 Hutto, TX 78634
Hutto metro
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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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