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Ranch Road 12 Development Opportunity
For Sale
$4,250,000

27900 Ranch Road 12, Dripping Springs, TX 78620

Prime commercial property with permits for 50,000 sqft development.

Property Size50,000 SF
Lot Size5.75 Acres
Price / SF$85
Days on Market152

Property Features for 27900 Ranch Road 12

General Information

Standard status Active
Size 50,000 SF
Lot size 5.75 Acres
Property subtype Commercial
Listing Agency: Friedman Real Estate Austin
Listed By: Josh Friedman · License #0451763
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate Austin

Investment Insights

Based on property information with market context.

Located at the corner of Founders Park Road and Ranch Road 12, this property, known as Ranch Road Crossing, offers a development opportunity. The site has permits for four buildings, totaling approximately 50,000 square feet, suitable for industrial, flex, retail, medical, and general office space. The property benefits from two curb cuts on Ranch Road 12, providing visibility along both Ranch Road 12 and Founders Park Road in a commercial zone. It features three existing LUEs and ample parking, supporting future development. As one of the few tracts in the city with CS zoning and available sewer, the site includes a fully entitled package with approved city permits and all necessary utilities. The property is conveniently close to downtown Dripping Springs and provides easy access to major Hwy 290. This shovel-ready project is positioned in a market that needs retail and industrial developments.

Key Highlights

  • Fully entitled package with approved city permits and all necessary utilities, making it a shovel‑ready project.
  • Prime location at the corner of Founders Park Road and Ranch Road 12 with excellent visibility on both roads.
  • Versatile site suitable for industrial, flex, retail, medical, and general office space.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Pharmacy HVAC Service Cosmetic Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 78620, TX

20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime commercial property with permits for 50,000 sqft development.
Where is this mixed-use property located?
The property is located at 27900 Ranch Road 12 Dripping Springs, TX.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Fully entitled package with approved city permits and all necessary utilities, making it a shovel‑ready project.; Prime location at the corner of Founders Park Road and Ranch Road 12 with excellent visibility on both roads.; Versatile site suitable for industrial, flex, retail, medical, and general office space.
More about this property
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