2201 High Rd Kyle, TX 78640
Franklin Street is delighted to introduce an exceptional ±11.73-acre parcel of land located in Kyle, Texas. This strategically positioned property boasts a prime frontage along the upcoming ±188-acre residential development, Wayside, presenting a lucrative opportunity for commercial development. Nestled in an area undergoing remarkable economic expansion, the immediate vicinity is witnessing substantial growth with the ongoing development of 2.5 million square feet of retail and mixed-use space at the convergence of IH-35 and FM 1626. This development is set to introduce a myriad of new businesses and generate thousands of employment opportunities. The property holds a distinct advantage with its proximity to Interstate 35, offering a mere 25-minute commute to Downtown Austin, and a swift 10-minute commute to both San Marcos and Buda. The strategic location positions the land as a promising investment, benefitting from the burgeoning economic activity in the region.
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
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Costs & Benchmarks
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Risks
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