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Attributes

Year Built 2000
Land Area ()

Asset Description

Jones Lang LaSalle (“JLL”) is pleased to offer the premier opportunity to purchase 58 acres of land at Sanctuary Salado (The “Property” or “Site”), a land tract located along the Interstate 35 corridor at the intersection of FM 2268 in Salado, TX. The Site is just south of the town of Salado and has been zoned “Sanctuary PDD”, allowing a plentiful amount of uses based on what Salado has allowed. The Site has direct access to Interstate 35 (63,162 VPD) including almost 750 feet of frontage along the Interstate access road, as well as FM 2268 (3,254 VPD) with over 720 SF of frontage and is situated ideally between the high growth Metropolitan areas of Austin and Dallas/Fort Worth. This Site is only 1.5 miles from downtown Salado, 8 miles from Belton, and 17 miles from Temple. Austin is 50 miles south of the Site, and Waco is 50 miles north of the Site, making it a high growth area along the I-35 corridor, with future development foreseeable as the corridor continues to grow at a rapid pace. These quickly growing municipalities in the close vicinity to the Site, make this piece of property ideal for acquisition and future development. 

Investment Highlights

  • Endless commercial and residential development opportunities
  • Prolific IH-35 growth corridor between Austin/Round Rock and Dallas/Fort Worth Metros
  • Small town area demand drivers like Belton/Temple, Jarrell/Georgetown etc.
  • Salado proper - full of wineries, shopping, golf and small town charm
Last Updated Date: 03 Oct 2022

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Last Updated Date: 03 Oct 2022

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