700 Goforth Rd Buda, TX 78610
This 1.25-acre commercial property in Buda, Texas, presents a unique investment opportunity. Located on West Goforth Road, it benefits from its proximity to the burgeoning Buda Commerce Center, a nearly 1,000,000 sq ft Class A industrial/flex space development. The property's B-1 zoning allows for diverse uses, including daycare, restaurants, offices, churches, and veterinary clinics, among others. The site includes an existing 1,800 sq ft home, a former barracks relocated from the old San Marcos Air Force Base, requiring renovation. City water, sewer, and co-op electricity are available. An additional area at the rear of the lot, previously occupied by a mobile home, also has utility connections. A deep well, predating municipal water, is also on the property. This prime location offers substantial traffic from industrial development and travel into downtown Buda, coupled with a nearby residential population. The property's versatility and location in one of the nation's fastest-growing counties, Hays County, make it an attractive investment. Buda offers incentives to businesses, further enhancing its appeal. Note that the property can be used for residential/commercial purposes with city restrictions. An additional 1.04-acre tract with a similar 1,800 sq ft home (requiring renovation) and B-1 zoning is available further back off Reyna Lane.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.