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Property profile & analytics
FOR SALE
Commercial real estate

1991 N Stagecoach Rd Salado, TX 76571

53,394 SF 7.06 ac lot Built 2005
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US83-3441585
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity along the heavily trafficked I-35 corridor in Salado, Texas. The property, located at 1991 N Stagecoach Rd, boasts convenient access from I-35, representing the first intersection for northbound I-35 exit. FM 2484 terminates at the property after the I-35 overpass, providing excellent accessibility. Lot sizes range from 0.5 to 3.7 acres. The site benefits from exceptional visibility to both northbound and southbound I-35 traffic, with a daily count of 77,946 vehicles passing. This high-traffic location is further enhanced by its adjacency to two national hotel brands totaling 120 rooms, and its proximity to Salado Youth Sports fields. The property's strategic position within the Austin-Dallas I-35 corridor, a vital artery for commerce, is underscored by the corridor's significant economic impact. In 2019, this corridor facilitated $79.5 billion in international trade, and it is part of the Texas Freight Corridors, responsible for moving over $1.4 trillion in goods annually. Further bolstering the long-term prospects, $4 billion has been allocated for expansion and improvements to the I-35 corridor over the next decade. This presents a rare opportunity to capitalize on the robust growth and high traffic volume of this key Texas location. The property is situated in Bell County, Texas, zip code 76571.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Total area 53,394 SF
Lot 7.06 ac (307,359 SF)
APN 346767
UPID US83-3441585
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
Current use
Occupant on record · Public records
  • Holiday Inn Express Salado-Belton, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.19M
Blend (final) Blend
$4.89M
Owner & transaction history
Salado Hospitality Investments LLC · 3 yrs held
Salado Hospitality Investments LLC
since 2022
2 recorded transactions
2022
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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