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Property profile & analytics
OFF-MARKET
Land

753 Union Chapel Rd Cedar Creek, TX 78612

4.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.54-acre commercial land parcel presents a unique investment opportunity in Cedar Creek, Texas. Strategically located on 753 Union Chapel Rd, the property boasts an impressive 429 feet of frontage along Highway 71, ensuring high visibility and accessibility. Its prime location is just 12 miles east of the Tesla GigaFactory, placing it within a rapidly growing and economically vibrant region. The property's versatility allows for a wide range of development possibilities, including retail, fast food establishments, multi-family residential, office/warehouse space, or even a hotel. The adjacency to Cedar Creek High School (Bastrop Independent School District) provides a significant advantage for projects targeting families and the local community. All utilities are readily available, simplifying the development process. Adding to its appeal, the Oaks RV Park currently operates on the rear of the property. Nearby attractions such as the Hyatt Lost Pines Resort, McKinney Roughs Nature Park, NLand Surf Park, and Optimum Health Institute, along with the historic downtown Bastrop, further enhance the property's desirability and potential for attracting customers and residents. This is a rare opportunity to acquire a substantial commercial tract in a high-growth area with exceptional visibility and diverse development potential. The asking price for this remarkable property is $1,630,464. The property is located in Bastrop County, Texas, zip code 78612.

Property profile
Verified
Property type Land
Lot 4.54 ac (197,762 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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