Bldg B 120-2 Frog Pond Ln 12,545 SF 100% Leased Flex Building Dripping Springs, TX 78620 £2,267,100 (£180.72/SF)
EXECUTIVE SUMMARY
Property Highlights:
Excellent location with high visibility and traffic
Ideal for retail, office, or mixed-use development
Three well-maintained buildings totaling 12,545 sq ft
Built in 2005 with modern facilities and infrastructure
Ample parking space for customers and employees
Situated on a spacious 1.64-acre lot
Proximity to major highways and local amenities
Leases currently under market rate, offering potential for increased revenue
9% Cap Proforma
Located in a rapidly growing area with increasing property values
Investment Opportunity:
Perfect for investors seeking a high-growth area
Potential for significant ROI with versatile usage options
Opportunity to adjust leases to market rate for increased profitability
Located in the thriving Dripping Springs community
Close to residential neighborhoods and commercial hubs
Excellent location with high visibility and traffic
Ideal for retail, office, or mixed-use development
Three well-maintained buildings totaling 12,545 sq ft
Built in 2005 with modern facilities and infrastructure
Ample parking space for customers and employees
Situated on a spacious 1.64-acre lot
Proximity to major highways and local amenities
Leases currently under market rate, offering potential for increased revenue
9% Cap Proforma
Located in a rapidly growing area with increasing property values
Investment Opportunity:
Perfect for investors seeking a high-growth area
Potential for significant ROI with versatile usage options
Opportunity to adjust leases to market rate for increased profitability
Located in the thriving Dripping Springs community
Close to residential neighborhoods and commercial hubs
PROPERTY FACTS
AMENITIES
- Signage
UTILITIES
- Gas - Propane
- Water - City
- Sewer - Septic Field
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | R86718 | Improvements Assessment | £766,472 |
| Land Assessment | £351,671 | Total Assessment | £1,118,143 |
ZONING
| Zoning Code | C-1 |
