104 Alum Creek Dr Paige, TX 78659
- Commercial real estate
- 4,116 SF
- 1.01 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 104 Alum Creek Dr
- Year built
- 1985
- Lot size
- 1.01 lot acres
- Property size
- 4,116 SF
- Property type
- Commercial real estate
Description
This exceptional 4,116 square foot commercial investment opportunity sits on a 1.01-acre lot in Paige, Texas, at 104 Alum Creek Drive. Its prime location on Highway 21 offers unparalleled access to major transportation routes, including proximity to Austin-Bergstrom International Airport (just 15 minutes away). The property's strategic positioning near prominent companies like Tesla, SpaceX, Starlink, Neuralink, and the Boring Company ensures strong future growth potential. Currently, the property houses four permanent modular homes, each occupied by tenants responsible for their own utilities. Existing rental income is below market value, presenting a significant opportunity to increase revenue by 10-15% through market-rate adjustments. Further income streams are generated by two on-site food trailer spaces, adding to the property's overall profitability. The surrounding area is experiencing rapid development, with nearby gas stations and a small strip mall indicating a thriving commercial landscape. This property is ideally suited for investors seeking a high-yield return in a rapidly expanding market. Please note that tenants should not be disturbed. The property is sold as-is.
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
- Paige
- County
- Bastrop
- State
- Texas
- Longitude
- -97.20029
- Latitude
- 30.16714
