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    3799 Us-290 Dripping Springs, TX 78620

    For Sale
    Contact for pricing

    Highway 290 Retail Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Dripping Springs, TX property offers 14,000 square feet of retail space across two buildings on a 1.96-acre lot. Building A, a restaurant, features a custom bar, covered patio, and playscape. Building B is a warehouse with office space overlooking the Texas Hill Country. The property boasts 60 parking spaces, ample storage, and a detached garage. Strategically located on US-290, it benefits from high visibility and easy access, situated near thriving developments like Headwaters and Belterra. Built in phases (1993, 2002, renovated 2018), this Class A property presents a unique opportunity for a restaurant, brewery, distillery, or similar business. The property includes two buildings, each two stories, totaling 14,000 net rentable square feet. The vacant property is offered fee simple and is zoned for commercial use. Its prime location along Highway 290 provides excellent visibility and accessibility, making it an attractive investment in a rapidly growing area. The property's proximity to Austin, Wimberley, and Driftwood further enhances its appeal to a wide range of potential businesses. The existing infrastructure, including the ample parking and storage, minimizes the need for significant upfront investment. This is a turnkey opportunity for a business seeking a high-profile location in a thriving Texas Hill Country community.

    Property Features for 3799 Us-290

    General Information

    Property type
    Restaurants
    Class
    A
    Lot Size
    85,378 SF

    Building Details

    Year Renovated
    2018
    Buildings
    2
    Stories
    2
    Units
    2

    HighLights

    • 14,000 SF Class A retail restaurant property in Dripping Springs, TX, currently vacant.
    • Two buildings totaling 14,000 square feet on a 1.96‑acre lot, with 60 parking spaces.
    • Features include a custom‑built bar, covered patio, playscape, and office space overlooking the Texas Hill Country.
    • Located on US‑290, offering high visibility and convenient access to Austin, Fredericksburg, and surrounding areas.
    • Property benefits from proximity to established communities and significant recent development in Dripping Springs.
    • Fee simple ownership with broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.022418324764
    Latitude
    30.196733147275

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    FAQs

    What type of property is this?
    Restaurant - Highway 290 Retail Opportunity
    Where is this restaurant located?
    The property is located at 3799 Us-290 Dripping Springs, TX.
    What are key features of this property?
    This property features: 14,000 SF Class A retail restaurant property in Dripping Springs, TX, currently vacant.; Two buildings totaling 14,000 square feet on a 1.96-acre lot, with 60 parking spaces.; Features include a custom-built bar, covered patio, playscape, and office space overlooking the Texas Hill Country.
    Request Owner's contact information
    3799 Us-290 Dripping Springs, TX 78620
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    Dripping Springs, TX 78620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3799 Us-290 Dripping Springs, TX 78620
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