#2 Bastrop, TX 78602
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.