Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the Taylor Land Tract, a 487 AC tract located in Taylor, TX. The highest and best use for this tract is a large scale industrial development. In fact, the $17B Samsung plant is currently being developed roughly 4 miles away. Approximate cost for bringing major utilities to the site are: $5M for gas, $2M for electric/sewer, and $1M for water. The city of Taylor has offered some incentives for industrial development including shouldering the cost for variable power, discounts on property taxes, and monetary assistance potentially avaliable for sewer and power. Additionally, there is an option for a rail spur. Demographics nearby are growing - a 16.4% population increase having an annual household income of $73,041 was recorded within 5 miles of the site, but that is expected to grow significantly with the announcement of Samsung and other technology companies heavily looking into the area. Taylor is one of the hottest secondary markets of Austin, and this offering is a great way to be a first mover into the impending, bullish growth ahead.