#2 Bastrop, TX 78602
- Commercial real estate
- 3.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for #2
- Lot size
- 3.38 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.38-acre commercial lot presents a remarkable investment opportunity in Bastrop, Texas. Situated at the strategic intersection of FM 20 and Adelton Boulevard within the burgeoning Adelton master-planned community, this property boasts unparalleled visibility and accessibility. With approximately 357 feet of frontage on FM 20 and approximately 372 feet on Adelton Boulevard, this site offers significant potential for a variety of retail developments. The Adelton community is experiencing substantial growth, with approvals in place for 1,200 residential units and 125,000 square feet of commercial space, ensuring a robust and expanding customer base. This property is ideally positioned to capitalize on this burgeoning market. A key advantage is that no portion of this site lies within the FEMA 100-year floodplain, minimizing risk and simplifying development. All utilities will be stubbed to the site, streamlining the construction process and reducing development costs. The asking price is $1,104,900, translating to approximately $7.50 per square foot. Don't miss this chance to secure a prime retail location in one of Texas' fastest-growing communities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bastrop
- County
- Bastrop
- State
- Texas
- Longitude
- -97.373
- Latitude
- 30.1099
