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Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2000
Land Area ()

Property 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: 20 Apr 2022

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Last Updated Date: 20 Apr 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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