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Property profile

1500 Business Park Dr Bastrop, TX 78602

FOR LEASE
Other commercial real estate
Property ID
US82-6087970
19,646 SF 4.56 ac lot Built 2001
Last sale Nov 2017
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This flex research and development space is located at 1501 Business Park Drive in Bastrop, Texas, and includes approximately 19,464 square feet of built area configured for R&D and flexible commercial uses. Additional building and space details are not specified in the provided information.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$4.48M
Assessed land$310k
Assessed improvement$4.17M

Value estimate

· Oct 2026
$2.84M
$2.55M – $3.12M
Submarket $/SF estimate$2.97M
NOI build-up
Gross scheduled income$290k
Vacancy & credit loss−$41k
Operating expenses−$87k
NOI · 1,702,231.58% cap applied$162k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,702,231.58%
$162k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBASTROP

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.4
Storage Facility9.9
Garden Center9.6

Location

1500 Business Park Dr Bastrop, TX 78602
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1289 Hwy 71st Ea100, Bastrop, TX 78602-5870 $176,000 Jun 2023 2,176 SF
1338 Hwy 71st E, Bastrop, TX 78602-5014 $194,154 Apr 2022 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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