865 Co Rd Rockdale, TX 76567
This exceptional 20-acre property in Milam County, Texas, presents a unique investment opportunity. Located at 865 Co Rd 446, Rockdale, TX 76567 (APN 20526197), this unrestricted, ag-exempt land boasts two buildings totaling significant square footage. The primary structure features a 9,000-square-foot lower level, including 2,500 square feet of climate-controlled office space with bathrooms and changing rooms, and 6,500 square feet of climate-controlled grow rooms equipped with specialized lighting and tables (available for separate purchase). The second floor offers 2,500 square feet of mechanical space, 1,500 square feet of framed-out customizable space, and 5,000 square feet of open space. Utilities include Bartlett Electric Cooperative electricity, Southwest Milam WSC water, and two separate septic systems. Conveniently located just half a mile from Highway 79, this property benefits from proximity to key infrastructure. Its strategic location is approximately 25 minutes from the new Samsung site in Taylor and 10 minutes from the Advanced Manufacturing and Logistix Campus (former Alcoa Plant). The property is zoned ETJ and offers endless potential for various commercial and industrial uses. Built in 2021, this owner-user investment is ready for immediate occupancy. The property is ideal for businesses seeking a versatile and strategically located space.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.