502 Martin Luther King Jr Dr

Bastrop, TX 78602

About this property

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment. The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development. Investment Highlights0.50 Acres (21,780 SF)High-visibility location with strong traffic exposureStrategic positioning near major highway accessFlat, usable lot with development potentialExisting structure (tear-down or repurpose)Utilities available in the areaLocated in the path of growth in Bastrop

About this property

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment. The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development. Investment Highlights0.50 Acres (21,780 SF)High-visibility location with strong traffic exposureStrategic positioning near major highway accessFlat, usable lot with development potentialExisting structure (tear-down or repurpose)Utilities available in the areaLocated in the path of growth in Bastrop

Features and Additional Information

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$175,000 Active
2 Bed(s)
1
Bath
1,036 sqft

Presented By Coldwell Banker Commercial Gateway

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Get in touch today! Phone: 1-956-937-2930
Brokerage
Beycome Brokerage Realty LLC
1-804-656-5007
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Area Information

BA | Bastrop County | Building Blk

$ 175,000
This listing is play_arrow 67.4% lower than the average in the area
$ 537,450 in the area
1,036 SqFt
This listing is play_arrow 54.2% smaller than the average in the area
2,264 SqFt in the area
$ 169 $/SqFt
This listing is play_arrow 33.0% less than the average in the area
$ 252 $/SqFt in the area
107 days on site
This listing is play_arrow 19.2% below the average in the area
133 days on site in the area

Schools in the Area

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    Elementary School
    Bluebonnet (Bastrop ISD)
  • turned_in
    Middle School
    Bastrop
  • turned_in
    High School
    Bastrop

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Listed By Steve Koleno
Brokerage: Beycome Brokerage Realty LLC

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