2515 183 Hwy - 174 Ac Mixed-Use Development Site 174.64 Acres of Commercial Land Offered at $17,576,818 CAD in Lockhart, TX 78644

INVESTMENT HIGHLIGHTS

  • Texas Opportunity Zone Listing
  • Majority of Property is outside city limits and therefore unzoned
  • 2025 HUD designated Qualified Census Tract (QCT)
  • 1,701 feet of frontage on US HWY 183 and 3703 feet of frontage on Robin Ranch Rd.
  • 23,918 VPD approx. 1/2 mi north (TXDOT 2023)

EXECUTIVE SUMMARY

$70,000 per acre. Owner reserves the right to remove any and all moveable buildings/personal property currently located on the Property prior to Closing.

ATTACHMENTS

2515 Hwy 183

PROPERTY FACTS

Price $17,576,818 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Apartment Units
  • Auto Dealership
  • Department Store
  • Industrial Park
  • Single Family Development
  • Skating Rink
  • Specialty, Festival or Entertainment
  • Warehouse
Total Lot Size 174.64 AC
Cross Streets Robin Ranch Rd
Opportunity Zone Yes

1 LOT AVAILABLE

Lot

Price $17,576,818 CAD
Price Per AC $100,646.00 CAD
Lot Size 174.64 AC

Approx. 174.64 acres with frontage on HWY 183 and Robin Ranch Rd. The northern portion is zoned AG while the remainder is outside the city limits and therefore unzoned.

DESCRIPTION

This ±174.64-acre tract offers prime development potential with ±1,701 feet of frontage on HWY 183 and ±3,703 feet of frontage on Robin Ranch Rd. The northern 6.8 acres is zoned Agricultural (AG), while the remainder of the property is outside city limits and unzoned, providing flexibility for various development opportunities. A portion along the backside of the property falls within the FEMA 100-year floodplain (see map for details). The property is located within a Texas Opportunity Zone, offering potential tax incentives for investors. Utilities include water service within the CCN of Aqua Water Supply, featuring a 4" and a 1.5” water line currently serving the property, with an 8” City of Lockhart water line stubbed at the northern boundary. Wastewater infrastructure is readily accessible, with a City of Lockhart lift station adjacent to the property and a 15” gravity line feeding into it. Electricity is provided by Bluebonnet Electric. With its excellent frontage, utility access, and flexible zoning, this property presents a unique opportunity for a range of development possibilities in a high-growth area

PROPERTY TAXES

ZONING

Zoning Code AG, None (The northern portion is zoned AG while the remainder is outside the city limits and therefore unzoned.)
  • Listing ID: 33012675

  • Date on Market: 2024-08-30

  • Last Updated:

  • Address: 2515 183 Hwy, Lockhart, TX 78644