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

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

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

Presented By CB StageCoach

Agent Image
Get in touch today! Phone: 1-830-460-7200
Brokerage
Beycome Brokerage Realty LLC
1-804-656-5007
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

BA | Bastrop County | Building Blk

$ 175,000
This listing is play_arrow 64.6% lower than the average in the area
$ 495,000 in the area
1,036 SqFt
This listing is play_arrow 36.4% smaller than the average in the area
1,628 SqFt in the area
$ 169 $/SqFt
This listing is play_arrow 44.4% less than the average in the area
$ 304 $/SqFt in the area
122 days on site
This listing is play_arrow 17.0% below the average in the area
147 days on site in the area

Schools in the Area

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

Want to See More Listings in the Area?

Listed By Steve Koleno
Brokerage: Beycome Brokerage Realty LLC

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
CB StageCoach

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker DAnn Harper at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains