508 Innovation Way - Elgin Business Park 2.02 - 17.95 Acre Industrial Land Lots Offered at £464,282 - £965,339 Per Lot in Elgin, TX 78621

INVESTMENT HIGHLIGHTS

  • Expedited 90 Day Permitting
  • Triple Freeport Zone and an Opportunity Zone
  • Centrally located between Samsung, Tesla and Austin
  • Development support provided by Elgin EDC for Employment Centers
  • All utilities including city wastewater to each site

EXECUTIVE SUMMARY

Elgin Business Park, developed by the Elgin Economic Development Corporation (EDC), is designed to fuel job creation and economic growth in this rapidly expanding city. Each lot boasts prime street frontage and comes fully equipped with essential utilities, including city water and wastewater. Positioned strategically between Tesla, Samsung, and Austin, this site offers unparalleled connectivity and tax incentives. The Elgin EDC is committed to supporting businesses aligned with the city's growth vision, offering expedited permitting to streamline your project. With shovel-ready lots, Elgin Business Park is the perfect foundation for your company’s future success.

ATTACHMENTS

Elgin Business Park-Brochure-April 2025

DATA ROOM Click Here to Access

PROPERTY FACTS

Price £464,282 - £1,429,621
Sale Type Investment
No. Lots 6
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Hospitality
  • Auto Dealership
  • Distribution
  • Office Park
  • Research and Development
  • Retail Warehouse
  • Storefront, Retail or Office
Total Lot Size 39.63 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning Employment Center - Property is developed and owned by the Elgin EDC. Use restricted but not limited to Employment Center.

6 LOTS AVAILABLE

Lot 8

Lot Size 17.95 AC

Shovel ready. Lot 8 will back up to a future big box retail site. Innovation Way will continue through to this retail site giving easy access to 290 in either direction. Lot 10 and 8 can be combined. Priced at $5/SF with all utilities to site.

Lot 9

Lot Size 4.46 AC

Shovel ready. Lot 9 is perfect for office, retail, medical or hospitality. Near residential, retail and medical. Priced at $7/SF with all utilities to site.

Lot 10

Lot Size 5.66 AC

Shovel ready. Perfect for an industrial end user. Three phase power and wastewater in place. Corner lot with great visibility and access. Innovation Way will continue through to 290 for easy ingress and egress. Priced at $5/SF.

Lot 11

Lot Size 3.66 AC

Shovel ready. Perfect for a industrial end user that qualifies as employment center. Three phase power and wastewater in place. Innovation Way will continue through to 290 for easy ingress and egress. Priced at $5/SF.

Lot 12

Price £965,339
Price Per AC £164,173.29
Lot Size 5.88 AC

Shovel ready. Perfect for a industrial end user that qualifies as employment center. Three phase power and wastewater in place. Innovation Way will continue through to 290 for easy ingress and egress. Priced at $5/SF.

Lot 7

Price £464,282
Price Per AC £229,842.45
Lot Size 2.02 AC

Corner lot with great visibility and across the street from Ascension health's new campus. Perfect for retail or office. Great walking score for residential neighbors and retail. Priced at $7/SF with all utilities to site.

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508 Innovation Way, Elgin, TX - AERIAL map view

CONTACTS

  • Listing ID: 34329222

  • Date on Market: 31/12/2024

  • Last Updated:

  • Address: 508 Innovation Way, Elgin, TX 78621

The Land Property at 508 Innovation Way, Elgin, TX 78621 is currently available for Sale. Contact Headwater Commercial Realty, LLC for more information.

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