Lockhart - 400 State Park Road_Property for Sale
Lockhart - 400 State Park Road_Property for Sale
400 State Park Road, Lockhart, TX, 78644, US

Lockhart - 400 State Park Road

Asset Description

Jones Lang LaSalle (JLL), as the exclusive representative, is pleased to present this 215-unit, fully entitled multifamily development site located within an Opportunity Zone in Lockhart, Texas. The property spans approximately ±10.32 acres and is strategically positioned to benefit from Lockhart’s emerging growth trajectory. Lockhart boasts a diversifying economic foundation, a growing population, favorable market dynamics with the added advantage of the site sitting in an Opportunity Zone. Per the existing zoning, the site can accommodate 23.5 units per acre. The site is walking distance to Lockhart High School and downtown Lockhart which is currently experiencing a renaissance in offering food, beverage, and entertainment venues.

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Attributes

Land area gross
4.18 ha (41,764 m²)

Media

Investment Highlights

Fully Entitled, Development Ready Multifamily Tract


Located In Opportunity Zone


Low Inventory of New Multifamily Product

Contact brokers

Lockhart - 400 State Park Road (0 Properties)

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Last updated
27 Feb 2024