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Property profile & analytics
FOR SALE
Commercial real estate

7710 Elroy Rd Del Valle, TX 78617

9.86 ac lot
Property ID
US82-2158539
Property summary
AI-generated overview

This exceptional 9.86-acre tract in Del Valle, Texas, presents a unique investment opportunity. Located within the ETJ (Extra Territorial Jurisdiction) and the Dry Creek East suburban watershed, this commercially-zoned land offers unparalleled access to Circuit of the Americas (COTA). Its strategic location benefits from significant planned developments within a 5-mile radius, including the 7 million square foot Velocity Development and the ambitious 5,000-acre Greenport Airport "World Trade Center Austin" project. The property's high value is further enhanced by its proximity to major infrastructure improvements such as the 4-lane expansion of Kellam Road, the new Maha Loop road, and the designation of Pearce and Elroy Roads as major arterial corridors. Nearby residential developments like KB Homes Stoney Ridge and Hines' Mirador mixed-use development add to the area's growth potential. Utilities are readily available, making this site ideal for a variety of uses, including hotels, multi-family housing, retail, or other businesses complementary to COTA. The property is also situated in an Opportunity Zone, offering additional investment incentives. This is a rare chance to acquire a hard corner entrance adjacent to COTA, positioned for substantial future appreciation in a rapidly expanding area. Potential exists to assemble up to 15 acres with an adjacent parcel. APN: 483872, 299097. Address: 7710 Elroy Rd, Del Valle, TX 78617.

Property profile
Verified
Property type Commercial real estate
Lot 9.86 ac (429,502 SF)
APN 483872, 299097
UPID US82-2158539
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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