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Property profile & analytics
OFF-MARKET
Mixed-use properties

21601 Highway 71 Spicewood, TX 78669

2,500 SF 1 ac lot Built 2004
Property ID
Property summary
AI-generated overview

This exceptional 2,500 square foot mixed-use property, situated on approximately one acre of land at 21601 Hwy 71 W in Spicewood, Texas, presents a unique investment opportunity. The property boasts extensive road frontage on a high-visibility main roadway, offering unparalleled exposure to a significant volume of daily traffic. Currently operating as a well-maintained four-bay automotive shop, the property is exceptionally clean and ready for immediate use. The existing structure provides a solid foundation for continued operation as an automotive business, with potential for expansion by adding additional bays in the rear. The expansive lot also offers significant development potential, taking advantage of the stunning views and the property's prime location within the Texas Hill Country's growth corridor. The absence of zoning restrictions unlocks a wide range of possibilities for future business ventures, including but not limited to auto sales, service centers, and retail establishments. This property's strategic location, combined with its versatile nature and development potential, makes it an ideal investment for entrepreneurs and investors seeking a high-impact commercial property in a rapidly growing area. The property's size, visibility, and lack of zoning restrictions provide exceptional flexibility and potential for significant return on investment.

Property profile
Verified
Property type Mixed-use properties
Year built 2004
Total area 2,500 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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