1701 N Burleson St Kyle, TX 78640
The Word Place is a 26 acre mixed use development with 115,000+SF of mixed use buildings featuring retail and prestige office space. Anchoring the development is a historic home that will be converted to a coffee shop/bar. 170+ Residential units will be built in condos and townhomes with an estimated 400 permanent residents. Over 950 multifamily units are planned in properties immediately next to The Word Place. More broadly Kyle, TX has over 55,000 residential units in the permitting/construction pipeline (City of Kyle, Jan 2023). Located near ACC Hays with over 4,000 students and Seton Hays, a 165-Bed Hospital. The Northern 13.5 acres of the development will be dedicated to the City of Kyle for Parkland along "The Kyle Vybe," the City of Kyle's hike and bike trail. This walkable, community centered development is a unique opportunity to be a part of the next phase of Kyle’s development.
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.
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Risks
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