176-Acre Mixed-Unit Development Site on US HWY 183

2515 S Colorado St Lockhart, TX 78644

2515 S Colorado St , Lockhart, TX, 78644
2515 S Colorado St , Lockhart, TX, 78644
FOR SALE
Property Type:
Commercial Land Development
Amount:
$12,224,800
Cap Rate:
0.00%
Last Verified:
Mar 07, 2025

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This ±174.64-acre tract is a fantastic development opportunity with ±1,701 feet of frontage on HWY 183 and ±3,703 feet on Robin Ranch Rd. The northern 6.8 acres is zoned Agricultural (AG), while the rest of the property sits outside city limits and is unzoned, giving you plenty of flexibility for future projects. A portion of the back of the property falls within the FEMA 100-year floodplain (see map for details). Located in a TX Opportunity Zone, this site comes with potential tax benefits for investors. Utilities are in place, with water service from Aqua Water Supply via a 1.5” water line, plus an 8” City of Lockhart water line stubbed at the northern boundary. Wastewater is easy to access, thanks to a City of Lockhart lift station right next to the property, connected to a 15” gravity line. Electricity is available through Bluebonnet Electric. With great frontage, strong utility access, and flexible zoning options, this property is a prime spot for development in one of the region’s fastest-growing areas

Map of 2515 S Colorado St , 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.