1.5 Acre C-Store Development Site in Goodnight Ranch

NWC Old Lockhart Rd and Vertex Blvd Austin, TN 78747

NWC Old Lockhart Rd and Vertex Blvd, Austin, TN, 78747
NWC Old Lockhart Rd and Vertex Blvd, Austin, TN, 78747 NWC Old Lockhart Rd and Vertex Blvd, Austin, TN, 78747
FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,973,268
Cap Rate:
0.00%
Last Verified:
Jan 31, 2025

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Feb 17, 2025 20:56:44

Jan 31, 2025 19:46:23



This approximately 1.51 acre is an ideal Corner Store Development Tract at the southern entrance of Goodnight Ranch. Zoned Planned Unit Development (PUD) with no portion of the Property lies within the 100-year FEMA floodplain. Seller will deliver a final platted lot with utilities stubbed to the site and off-site detention. Priced at $30.00 psf (for up to 5,000 sf of GBA). Located at the southern entrance to Goodnight Ranch, winner of the 2023 master-planned community of the year award by the Austin Business Journal, where there are approvals for + 6,300 residential units and + 700,000 sf of commercial space. South Park Meadows is approximately 1.75 miles away at IH-35 and Slaughter Lane and offers full retail support services. The developers of Goodnight Austin have created a Park District, which includes a 3 mile jogging trail throughout the development and an Education Fund to benefit the residents.

Map of NWC Old Lockhart Rd and Vertex Blvd, Austin, TN, 78747

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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:

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  • 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.