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Investment Highlights

  • 10 unrestricted & usable acres in an Opportunity Zone with a high-capacity 40,000-square-foot climate-controlled flex facility offering 3-phase power.
  • Under an agricultural exemption, the fenced/gated site has 3 dock-high doors, 2 ground-level doors, a septic system, water access, and expansion room.
  • Strategic location near Bastrop and Austin, swift connectivity to major transportation routes, & 33 miles from Austin-Bergstrom International Airport.
  • Unrivaled location for industrial users, among nationally recognized businesses, such as the X headquarters (formerly Twitter), SpaceX, and Tesla.

Executive Summary

Positioned in an Opportunity Zone in the heart of the Central Texas growth corridor, this 10-acre unrestricted Bastrop County property offers a rare blend of scale, visibility, and operational flexibility for investors, owner-operators, and developers. With approximately 0.5 miles of frontage along TX 304, the site provides exceptional exposure and access within one of the state’s fastest-growing regions.

The fully fenced and gated property is improved with a 40,000-square-foot climate-controlled flex facility configured to support showroom, office, warehouse, or distribution functions, and is secured with camera monitoring systems. The extra acreage allows for future expansion, additional structures, or industrial outdoor storage, while existing infrastructure, such as covered dock-high and grade-level loading, heavy 3-phase power, high-speed Wi-Fi, septic systems, and water access, supports immediate functionality. Commercial paint booth, air compressor lines in the workshop, and newly renovated office areas add more to the utility of the building.

2502 Highway 304 is 33 miles from Austin-Bergstrom International Airport and sits within the Texas Triangle, offering stellar regional connections to the top metros at each point, with Dallas the farthest at 240 miles away. This facility sits central to State Highways 21, 71, and 90, as well as Interstate 10. Proximity to industrial giants underpins this facility’s unmatched positioning, just 20 minutes to SpaceX, Starlink, Boring Co., and X’s (formerly Twitter) headquarters, and 40 minutes from Tesla’s Gigafactory. An adjacent luxury residential compound is also available for separate or combined acquisition, creating potential for a live-work environment or corporate campus.

Opportunities of this scale, with significant highway frontage and minimal limitations, are increasingly limited in Central Texas, positioning the asset for both immediate use and long-term growth.

Property Facts

Price $2,190,000
Price Per SF $51.67
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class B
Lot Size 10.00 AC
Rentable Building Area 42,388 SF
No. Stories 1
Year Built/Renovated 1981/2000
Tenancy Single
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 2
Opportunity Zone Yes
Zoning * No restrictions * OZ - No restrictions. Opportunity Zone designation.

Amenities

  • Controlled Access
  • Conferencing Facility
  • Fenced Lot
  • Floor Drains
  • Security System
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector
  • Breakroom
  • Perimeter Security Fence

Utilities

  • Lighting
  • Water
  • Heating
Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
Austin
964,254
44
0 h 57 m
San Antonio
1,532,233
98
1 h 49 m
Houston
2,325,502
146
2 h 50 m
Fort Worth
895,008
228
4 h 3 m
Dallas
1,345,047
246
4 h 21 m
Oklahoma City
649,021
423
7 h 27 m
Access and Labor Force
10 Miles
Total Population
20,724
Total Labor Force
12,902
Unemployment Rate
3.94%
Median Household Income
$73,831
Warehouse Employees
2,502
High School Education Or Higher
90.30%

Property Taxes

Property Taxes

Parcel Number
18990
Land Assessment
$44,667
Improvements Assessment
$672,983
Total Assessment
$717,650
  • Listing ID: 37819599

  • Date on Market: 9/25/2025

  • Last Updated:

  • Address: 2502 Highway 304, Smithville, TX 78957

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