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Bagdad Rd - New Hope Park

2.28 Acres of Commercial Land Offered at £1,011,384 in Cedar Park, TX 78613

Investment Highlights

  • Nearby recent absorption has limited acreage that compares to this heavily trafficked site.
  • Only commercial vacant tract on corner of W New Hope Dr and Bagdad Rd

Executive Summary

Price negotiable depending on size of purchase and location and design. Great fast food or retail pad sites available. Free Port tax advantages are available for light manufacturing/assembling. The lots' topography is 75% grass and it has a few cedar trees. The lots gently slopes to West New Hope Drive. There are no geophysical or environmental problems. Subdivided pad lots sales will be highly considered.

Attachments

NHBPSec 2 Plat

Property Facts

Price £1,011,384
Sale Type Investment or Owner User
Sale Conditions 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office Park
Total Lot Size 2.28 AC
Cross Streets W New Hope Rd

1 Lot Available

Lot

Price £1,011,384
Price Per AC £443,590
Lot Size 2.28 AC

2.28 acres on 2 streets of W. New Hope, Baghdad Road. No impediments to building your business within its business multistory zoning. Sixty day platting your site to close. The only corner lot unsold!

Description

2.8 acres. Main frontage roads are both 4 lanes on West New Hope Drive and Bagdad Road, which are deemed arterials. Sidewalks and culverts along Bagdad have been constructed by the city. Lots are located in fast growing Cedar Park, Williamson County, Texas. The location is approximately 1/4 mile on Bagdad, North from HWY 1431 (Whitestone) and about 1/2 miles West on W. New Hope Drive from US 183. Along Bagdad Tuckaway Apartments have been built and fully occupied and nearby Cedar Grove subdivision is sold out. On the adjacent Clover Lane, Splash Shack (youth enclosed aquatics center)has been operating in a 10,000 square foot building on their 4.32 acre tract. It is highly trafficked with over 19,000 visitors in the first 180 days. https://splashshacktx.com. A HTeaO Tea fast food franchise is very successful.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R590135
Land Assessment
£536,973
Improvements Assessment
£0
Total Assessment
£536,973

zoning

Zoning Code GB-3,LI- multiple stories (Up to 3 stories. Motel, office, retail and other possibilities.!)
GB-3,LI- multiple stories (Up to 3 stories. Motel, office, retail and other possibilities.!)

Amenities

  • Utilities
  • Listing ID: 12498052

  • Date on Market: 08/05/2018

  • Last Updated:

  • Address: Bagdad Rd, Cedar Park, TX 78613

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