Retail Site #2 - Adelton

NW corner of Adelton Blvd and FM 20 Bastrop, TX 78602

NW corner of Adelton Blvd and FM 20, Bastrop, TX, 78602
NW corner of Adelton Blvd and FM 20, Bastrop, TX, 78602
FOR SALE
Property Type:
Street Retail
Amount:
$1,104,900
Last Verified:
May 20, 2022

Great Retail Site located within Bastrop's newest master planned community Adelton, where there are approvals for 1,200 residential units and 125,000 sf of commercial space within. Approx. 3.382 acres located at the intersection of FM 20 and Adelton Blvd. Approx. 357 feet of frontage on FM 20 and approx. 372 feet of frontage on Adelton Blvd with no portion of this site within the FEMA 100-year floodplain. All utilities will be stubbed to site. Priced $7.50 psf

Map of NW corner of Adelton Blvd and FM 20, Bastrop, TX, 78602

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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.