This listing is under contract.

25 Acres Vacant Land on FM1625

10912 FM1625 Creedmoor, TX 78747

10912 FM1625, Creedmoor, TX, 78747
10912 FM1625, Creedmoor, TX, 78747 10912 FM1625, Creedmoor, TX, 78747 10912 FM1625, Creedmoor, TX, 78747
UNDER CONTRACT FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,275,000
Cap Rate:
0.00%
Last Verified:
Oct 07, 2024

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24.98 acres located in the South Austin suburb of Creedmoor and in a Texas Opportunity Zone. An ideal warehouse development tract minutes to downtown Austin, Tesla Gigafactory and Austin-Bergstrom International Airport. Approximately 447 feet of frontage on FM1625. Utilities: Water - CMWSC, Electric - PEC, and W/W - septic needed. An estimated 4 acres are in the 100-year FEMA floodplain.

Map of 10912 FM1625, Creedmoor, TX, 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:

  • 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.