1991 N Stagecoach Rd Salado, TX 76571
For Sale
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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.
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Holiday Inn Express Salado-Belton, an IHG Hotel Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.