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Property profile & analytics
OFF-MARKET
Commercial real estate

146 Fm 20 Bastrop, TX 78602

40.11 ac lot
Property ID
US82-5792884
Property summary
AI-generated overview

This exceptional 40.114-acre development site in Bastrop, Texas, presents a compelling investment opportunity. Located at 146 FM 20, this property boasts 600 feet of frontage on FM 20 and convenient access to SH-71, offering easy connectivity to Bastrop's commercial areas, Austin, and Houston. The site's flat topography and minimal tree coverage simplify development, while its square shape maximizes usability. Zoned AO - Agriculture Open, this land is ideally suited for a variety of uses, including residential, mixed-use, or commercial projects. The property benefits from its proximity to the 348-acre, 1,200-homesite Adelton Mixed-Use Master-Planned Community, ensuring a thriving surrounding environment. Water and wastewater services are readily available via the City of Bastrop. Further enhancing its appeal, the property features no floodplain encroachments and a 24-inch wastewater gravity main approximately 700 feet south along FM 20, with water service immediately adjacent. This prime location, coupled with its desirable characteristics, makes this a truly exceptional development opportunity. The asking price is $11,000,000. The property's APN is 23221. The property is privately owned.

Property profile
Verified
Property type Commercial real estate
Lot 40.11 ac (1,747,366 SF)
APN 23221
UPID US82-5792884
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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