16001 Richards Dr Del Valle, TX 78617
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.