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Bldg B 120-2 Frog Pond Ln

12,545 SF 100% Leased Light Industrial Building Dripping Springs, TX 78620 £2,367,000 (£189/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
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

Price £2,367,000
Price Per SF £189
Sale Type Investment or Owner User
Property Type Light Industrial
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
Building Class B
Lot Size 1.64 AC
Rentable Building Area 12,545 SF
Number of Floors 1
Year Built 2005
Parking Ratio 1.2/1,000 SF
Clear Ceiling Height 20 ft
Cross Streets E US Highway 290

Amenities

  • Signage

Utilities

  • Gas - Propane
  • Water - City
  • Sewer - Septic Field
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R86718
Land Assessment
£365,552
Improvements Assessment
£796,725
Total Assessment
£1,162,277

zoning

Zoning Code C-1
C-1
  • Listing ID: 32579894

  • Date on Market: 25/07/2024

  • Last Updated:

  • Address: 120-2 Frog Pond Ln, Dripping Springs, TX 78620

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