190 Acre Mixed-Use Development Site on Hwy 183

Hwy 183 and FM 2001 Lockhart 78644

Hwy 183 and FM 2001, Lockhart, 78644
Hwy 183 and FM 2001, Lockhart, 78644 Hwy 183 and FM 2001, Lockhart, 78644
FOR SALE
Property Type:
Residential Land Development
Amount:
$12,000,000
Cap Rate:
0.00%
Last Verified:
Oct 09, 2023

Approx. 191.39 acres located at the intersection of Hwy 183 and FM 2001; just 1 mile north of downtown Lockhart. Approx. 2,397 feet of frontage on Hwy 183 (S Colorado St) and approx. 374 feet of frontage on China St. All utilities available. Great Mixed-Use Development Site approx. 1 mile north of downtown Lockhart, the BBQ Capital of the World. Zoned Residential High Density, Residential Low Density, and AG on the frontage of Hwy 183 with the back portion of the Property outside city limits. Great access to Hwy 183 and TX130 via FM2001

Additional URLs

Map of Hwy 183 and FM 2001, Lockhart, 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.