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Property profile & analytics
OFF-MARKET
Commercial real estate

16001 Richards Dr Del Valle, TX 78617

83 ac lot
Property ID
US82-4756569
Property summary
AI-generated overview

This exceptional 83-acre commercial land parcel presents a unique investment opportunity in Del Valle, Texas. Comprising two contiguous 40-acre tracts, this property also includes an additional 3-acre strip along the eastern boundary, providing road access from Richards Drive to the upper 40 acres. Currently, no road directly accesses the two main tracts. Please note that approximately 19 acres fall within a designated floodplain. Strategically located within two miles of the Austin city limits and designated as an Opportunity Zone, this property offers significant development potential. The land is relatively flat, cleared, and mostly fenced, featuring numerous potential building sites. A seasonal tributary runs along the lower portion of the property. Currently enjoying agricultural exemption, this versatile land is ideal for a variety of commercial uses. Conveniently situated just 6.6 miles from both the Cota Raceway and Austin-Bergstrom International Airport, this location offers excellent accessibility. The information provided is believed to be reliable but is not guaranteed. All measurements and area calculations are approximate. Showings are by appointment only.

Property profile
Verified
Property type Commercial real estate
Lot 83 ac (3,615,480 SF)
UPID US82-4756569
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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