Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1360 West State Highway 71, in Bastrop, Texas. The subject property consists of approximately 11,396 square feet of industrial mixed-use space and is situated on 6.53 acres of land. The asset features a 3,344-square-foot warehouse with two grade-level doors, seven mobile homes, an RV home, a retaining pond, and ample paved space. Located along State Highway 71, one mile from the interchange between State Highway 21 West, the property has great visibility and easy access to the Austin-Bergstrom International Airport and downtown Austin. The frontage of the property includes two ground leases to Wyldwood Tacos food truck and stand and Twice The Ice ice dispensing machine. Along with fully occupied housing units and the vacant warehouse, this sale offers buyers a partial owner-user or lease-up investment opportunity, both with steady cash flow. Additionally, the 4.0 percent building coverage ratio and no zoning restrictions allow for a variety of developments, such as self-storage units and mobile homes/RVs, highlighted by a beautified retaining pond. The subject property is situated within the relatively small Bastrop County submarket, containing 2.5 million square feet of industrial space. During the first quarter of 2025, the vacancy rate in Bastrop County increased slightly to 3.3 percent, representing less than half of the 7.2 percent national average (based on top 50 metros, classes A, B, & C, minimum 10,000 square feet). Despite availability remaining tight, rent growth declined by -1.3 percent as market rents contracted annually for the first time since Q4 2010. Last year, Bastrop County welcomed a record amount of multifamily deliveries with the addition of 342 units, pushing the vacancy rate up to a record 21.4 percent. However, vacancies fell to 18.3 percent in Q1 as many of those new units were leased, and 71 units were absorbed in total. With regard to retail space in Bastrop County, availability remained essentially nonexistent as vacancies steadied at 1.0 percent in Q1 (CoStar). With a population of over 2.47 million residents, the population of Metro Austin has grown significantly in recent decades along with economic growth. Known as the home of South by Southwest, the Austin-Round Rock metro covers about 4,225 square miles and consists of five counties in central Texas: Travis, Williamson, Hays, Caldwell, and Bastrop. Austin’s population of nearly 980,000 people makes Travis the most populous county in the metro. Employment gains in the tech sector have contributed significantly to the metro’s recent population and median household income growth. Tesla’s newly constructed Gigafactory is expected to generate at least 5,000 jobs, supporting future relocations and increased demand for housing. The government is a significant driver in the local economy as Austin is the state capital and home to an IRS regional processing center as well as military bases. Located within a border state, the metro benefits significantly from international trade agreements with Mexico.