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5916 US Hwy 290 - 5916 West US-290

10 Acres of Commercial Land Offered at £1,740,951 in Dripping Springs, TX 78620

Investment Highlights

  • Highway 290 West frontage, easy access. Prime for industrial redevelopment

Executive Summary

Excellent industrial investment property. Dripping Springs is growing west, ideal location to meet growing needs for office/warehouse and storage. Please follow up with the broker for more information.

Property Facts

Price £1,740,951
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Contractor Storage Yard
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Retail Warehouse
Total Lot Size 10.00 AC

1 Lot Available

Lot

Price £1,740,951
Price Per AC £174,095
Lot Size 10.00 AC

Ten acres with approx. 629 feet of frontage on Highway 290 west. See survey for portion that is in the 100 year flood plain. Portions of lot wooded incl. the historic LBJ Tree, under which Lyndon B. Johnson gave his 1st political speech.

Description

Ten acres with approximately 629 feet of Highway 290W frontage. Majestic oaks provide ideal setting for memorable events. 6060+ sq ft steel frame bldg clad in cedar siding. On site well with high volume commercial grade water system (2.5 GPM) that was used in producing New Canaan Farms' famous jams, jellies, sauces and salsas. Ideal site to be redeveloped for industrial office/warehouse, storage units, event venue, etc. Front 2250sq ft of the building is climate controlled offices. Rest is warehouse & former kitchen.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R88547
  • R32977
Land Assessment
£408,095
Improvements Assessment
£203,938
Total Assessment
£612,032

zoning

Zoning Code commercial (Commercial)
commercial (Commercial)
  • Listing ID: 29809543

  • Date on Market: 17/10/2023

  • Last Updated:

  • Address: 5916 US Hwy 290, Dripping Springs, TX 78620

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