Lovers Lane 5 acre tract - Additional 5 Acre Tract Available 5.01 Acres of Commercial Land Offered at $3,250,000 in Bastrop, TX 78602

Unlock the potential of this exceptional vacant tract of land located in the heart of Bastrop, TX, just off of major Highway 71 East. This prime location with 729' of frontage along Lovers Lane offers unparalleled access to downtown amenities, including a variety of retail shopping, dining, and entertainment options. The subject property is positioned just to the east of the Colorado River and very near the future Green Belt/ Riverwalk project by the City of Bastrop. It is located just north of multiple subdivisions and acts as the sole exit for thousands of residents. Strategically positioned approximately 6 miles from The Boring Company and Starlink and less than 1 mile from the expansive 550-acre Bastrop Film Studio Project, this property is perfectly suited for growth and development. With the area's increasing rapid expansion and increasing demand for commercial and residential spaces, the possibilities are endless. This land is currently Vacant and is zoned for Light Industrial or Commercial use, providing you with the flexibility to bring your vision to life, whether it be a commercial venture, residential development, or mixed-use project. There are discussions with regards with expanding Lovers Lane to a four-lane road which will go from Hwy 21 (Hwy 71), over the Colorado River, to State Hwy 304. This will relieve the traffic on Hwy 304, downtown Bastrop, and Hwy 95. This will also provide alternative routes for the residents of this area to move about the area. An additional adjacent 5-acre tract is also available. Located approximately 30 miles to Downtown Austin; 26 miles to Austin-Bergstrom Int'l Airport; 20 miles to Circuit of The Americas; 18 miles to Tesla GigaFactory; 6 miles to The Boring Company and Starlink. Visit https://www.bastropedc.org/