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Property profile & analytics
OFF-MARKET
Commercial real estate

107 County Rd 420 Spicewood, TX 78669-3130

3,200 SF 1.54 ac lot Built 2020
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US82-8268239
Property summary
AI-generated overview

This exceptional mixed-use property in Spicewood, Texas, presents a unique investment opportunity. The 3,200-square-foot metal building, constructed in 2020, sits on a spacious 1.54-acre lot. The building boasts a 2,400-square-foot shop/warehouse area, ideal for various commercial uses, complemented by an 800-square-foot attached office space. The office area includes two half-bathrooms, one of which is handicap accessible, and features central HVAC for year-round comfort. Three 14-foot-high doors provide ample access for large vehicles, boats, or RVs. The property is equipped with 200-amp power, a well, and septic system. For added convenience and storage, there's a large storage room and additional storage space above the office. The building is fully insulated. This property benefits from its location near the proposed Thomas Ranch luxury development, slated for completion in Summer 2023, indicating significant future growth in the area. This presents a compelling investment opportunity in a rapidly developing market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2020
Total area 3,200 SF
Lot 1.54 ac (67,213 SF)
APN 38602
UPID US82-8268239
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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Comparable Approach Comparable
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Owner & transaction history
Michael Eppes · 1 yrs held
Michael Eppes
since 2025
3 recorded transactions
2025
Price N/A
2022
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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