1.64 Acre Self-Storage Development Site in Adelton

NWC FM20 and Weaver Ln Bastrop, TX 78602

Bastrop
FOR SALE
Property Type:
Commercial Land Development
Amount:
$571,856
Cap Rate:
0.00%
Last Verified:
Mar 07, 2025

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Mar 07, 2025 19:00:46



This prime 1.641-acre corner tract is located at the intersection of FM 20 and Weaver Ln in Bastrop, one of the fastest-growing areas in Central Texas. With approximately 275 feet of frontage on FM 20 and 323.84 feet on Weaver Ln, this site is strategically positioned within Bastrop’s newest master-planned community, Adelton, which includes approvals for 1,200 residential units and 125,000 square feet of commercial space. The property is fully equipped with all utilities stubbed to the site and is not within the FEMA 100-year floodplain. Bastrop’s rapid expansion, fueled by major developments like Elon Musk’s Boring Company and the nearby SpaceX facilities, has made it a key hub for innovation and economic growth. This high-visibility location presents an excellent opportunity for office, retail, or medical office development in an area poised for continued transformation.

Map of NWC FM20 and Weaver Ln, 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.