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Property profile & analytics
OFF-MARKET
Mixed-use properties

566 State Highway 95 Bastrop, TX 78602

2,448 SF 3.15 ac lot Built 1994
Property ID
US82-5575735
Property summary
AI-generated overview

This exceptional 3.1-acre mixed-use property boasts 2,448 square feet of existing building space and offers a multitude of development possibilities. Located just six minutes from downtown Bastrop and four minutes from Highway 71, this prime location provides excellent visibility along 184 feet of Highway 95 frontage. The property's park-like setting presents opportunities for diverse uses, including an RV community, multi-family residential development, or a combination of commercial and residential ventures. The existing structures could be utilized for rental income, potentially offsetting mortgage payments. The property is connected to city water and also features a well, with no known restrictions on use. Bastrop's rapid growth, fueled by the proposed Bastrop Gateway mixed-use development (a 30-acre project featuring multi-family housing, retail, entertainment, and a hotel, located just two miles away), makes this a particularly attractive long-term investment. The property's Highway 95 location is expected to appreciate significantly. An adjacent 8.4-acre parcel along a creek is also available for purchase, presenting an opportunity to expand the investment. All information is believed to be accurate, but potential buyers are encouraged to conduct their own due diligence to verify permitted uses.

Property profile
Verified
Property type Mixed-use properties
Year built 1994
Total area 2,448 SF
Lot 3.15 ac (137,214 SF)
UPID US82-5575735
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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