4002 W Highway 290 5,000 SF 100% Leased Retail Building Dripping Springs, TX 78620 £1,945,927 (£389.19/SF)
INVESTMENT HIGHLIGHTS
- Great Visibility and Accessibility to Hwy 290
- Water supplied by rainwater system. Potential to use West Travis Utility for water source.
- Great potential for re-development; especially combining with adjacent property
EXECUTIVE SUMMARY
Prime Re-Development Potential on Hwy 290 between Belterra Development and Dripping Springs. Potential to purchase adjacent property as well for a total of 3.261 acres. The property is in the ETJ of Dripping Springs with an impervious cover of 35%.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
1995
Price
£1,945,927
Price Per SF
£389.19
Percent Leased
100%
Number of Floors
1
Building FAR
0.07
Lot Size
1.57 AC
Zoning
ETJ of Dripping Springs - Currently in the Dripping Springs ETJ
PROPERTY TAXES
| Parcel Number | R44784 | Improvements Assessment | £71,455 |
| Land Assessment | £938,663 | Total Assessment | £1,010,118 |
