Site #3 Adelton Blvd Bastrop, TX 78602
- Commercial real estate
- 3.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Site #3 Adelton Blvd
- Lot size
- 3.16 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.16-acre commercial lot presents a remarkable investment opportunity in Bastrop, Texas. Situated at the prominent intersection of FM 20 and Adelton Boulevard within the thriving Adelton master-planned community, this property boasts unparalleled visibility and accessibility. The site offers approximately 337 feet of frontage on FM 20 and approximately 503 feet of frontage on Adelton Boulevard, ensuring maximum exposure for any commercial development. Adelton is experiencing significant growth, with approvals in place for 1,200 residential units and 125,000 square feet of commercial space, guaranteeing a robust and expanding customer base. This strategically located parcel is ideal for a variety of commercial uses, offering significant potential for high returns. A key advantage is that no portion of this 2.5-acre site falls within the FEMA 100-year floodplain, minimizing risk and simplifying development. Furthermore, all utilities will be stubbed to the site, streamlining the construction process and reducing development costs. The asking price is $2,081,079, translating to approximately $15 per square foot. Don't miss this chance to secure a prime commercial location in one of Bastrop's fastest-growing areas.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bastrop
- County
- Bastrop
- State
- Texas
- Longitude
- -97.3768
- Latitude
- 30.1034
