7 Acre Platted Lot in Opportunity Zone

115 E MLK Jr Industrial Blvd Lockhart, TX 78644

115 E MLK Jr Industrial Blvd, Lockhart, TX, 78644
Aerial
115 E MLK Jr Industrial Blvd, Lockhart, TX, 78644
FOR SALE
Property Type:
Commercial Land Development
Amount:
$620,000
Last Verified:
Oct 08, 2020

 

  • This platted lot would be ideal for a warehouse use, whether that be distribution, light manufacturing, or self-storage.
  • Zoned CHB (Commercial Heavy Business). City Planning Department would also support Industrial Light zoning.
  • Utilities:  Water – City of Lockhart – 8” line, Wastewater – City of Lockhart – 8” or 12” lines available, Gas – Texas Gas Service.

  • 7.069 located on the north side of E MLK Jr Industrial Blvd, just ¼ mile east of US Hwy 183. 
  • Approx.85 feet of frontage on E MLK Jr Industrial Blvd.Level topography. 
  • No portion of the Property is in the FEMA floodplain.
  • VPD = 21,804 on US Hwy 183 (2018 TXDOT)
  • MLS #1753056

Map of 115 E MLK Jr Industrial Blvd, Lockhart, TX, 78644

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.