Commercial
SEC of Highway 130 & SH-80 Tract (QOZ)
10511 San Marcos Hwy, Lockhart, TX 78644
Listing Price: $1,287,926
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale the 6.04-acre tract located at the southeast corner of Highway 130 and SH-80 in Lockhart, TX 78644. This intersection is becoming more desirable as Caldwell County continues to grow exponentially. The entirety of the tract is located in a Qualified Opportunity Zone (QOZ), creating the opportunity for a developer to acquire the property and secure tax incentives for their proposed development. The southern portion of the property (1.39 AC) resides in the 500-year floodplain. There are no utilities to the site at this time. The property is located on the southeast corner on Highway 130 and SH-80. Highway 130 allows for access to Lockhart (13.0 miles away), Austin (44.8 miles away), and Seguin (23.3 miles away). SH-80 allows for access to both Luling (13.1 miles away) and San Marcos (13.6 miles away). Nearby growth has been strong; a 25.9 percent population increase was recorded from 2010-2022 with an average household income of $85,798, both within five miles of the site. Given the limited competition in the area and based on the access from both Highway 130 and SH-80, we believe the highest and best use for the property would be a convenience store and strip center combination.
SEC of Highway 130 & SH-80 Tract (QOZ)
Investment Highlights
- First-to-market C-store site - limited competition, and access to both SH-80 & Highway 130
- Qualified Opportunity Zone - additional purchasing incentive for developer
- SEC of Highway 130 & SH-80 - allows access to many major cities such as Lockhart (13.0 mi), Austin (44.8 mi), Seguin (23.3 mi), Luling (13.1mi) & San Marcos (13.6mi)
Exclusively Listed By
Listing Price: $1,287,926
Investment Highlights
- First-to-market C-store site - limited competition, and access to both SH-80 & Highway 130
- Qualified Opportunity Zone - additional purchasing incentive for developer
- SEC of Highway 130 & SH-80 - allows access to many major cities such as Lockhart (13.0 mi), Austin (44.8 mi), Seguin (23.3 mi), Luling (13.1mi) & San Marcos (13.6mi)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale the 6.04-acre tract located at the southeast corner of Highway 130 and SH-80 in Lockhart, TX 78644. This intersection is becoming more desirable as Caldwell County continues to grow exponentially. The entirety of the tract is located in a Qualified Opportunity Zone (QOZ), creating the opportunity for a developer to acquire the property and secure tax incentives for their proposed development. The southern portion of the property (1.39 AC) resides in the 500-year floodplain. There are no utilities to the site at this time. The property is located on the southeast corner on Highway 130 and SH-80. Highway 130 allows for access to Lockhart (13.0 miles away), Austin (44.8 miles away), and Seguin (23.3 miles away). SH-80 allows for access to both Luling (13.1 miles away) and San Marcos (13.6 miles away). Nearby growth has been strong; a 25.9 percent population increase was recorded from 2010-2022 with an average household income of $85,798, both within five miles of the site. Given the limited competition in the area and based on the access from both Highway 130 and SH-80, we believe the highest and best use for the property would be a convenience store and strip center combination.
Exclusively Listed By
