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    22601 Ranch Road 12 Dripping Springs, TX 78620

    Sponsored
    For Sale
    $2,485,000

    7.16-acre flex warehouse, ready to build.

    Property size:
    6,256 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.16-acre commercial property in Dripping Springs, Texas, presents a unique investment opportunity. Located on Ranch Road 12, this fully entitled and permitted tract is ready for immediate development. The property boasts a prime location with excellent visibility and access. Currently, a 6,256 square foot shell building is under construction, offering flexible space for various commercial uses, including distribution, flex, and warehouse operations. The building is priced at $2,485,000, or $397.22 per square foot. The site includes four loading docks and essential utilities are already in place, including well water, electricity, and a recently installed engineered septic system designed for the entire 42,000 square foot site plan. Complete engineered development and foundation plans are included, saving significant time and expense. The land is cleared, preserving select mature oak trees. Its proximity to both Austin and Dripping Springs provides easy access to a thriving market and workforce. This property offers an unparalleled chance to establish a significant commercial presence in a rapidly growing area. The Hays County location and Ag Exempt status add further value. Don't miss this chance to capitalize on this exceptional commercial real estate offering.

    Property Features for 22601 Ranch Road 12

    General Information

    Property type
    Distribution properties
    Square Feet
    6,256 SF
    Lot Size
    311,890 SF

    Building Details

    Year Built
    2024
    Buildings
    1
    Units
    1

    HighLights

    • 1200 ft of RR 12 frontage.
    • Approved site plans, foundation plans, and septic system plans in place.
    • Excellent location near Austin and Dripping Springs.
    • Utilities available: electricity, water, and septic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Spa & Massage Gym & Fitness Wholesale Shop Accounting Firm Grocery Store Food Market HVAC Service Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.0916773
    Latitude
    30.1306228

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    FAQs

    What type of property is this?
    Distribution property - 7.16-acre flex warehouse, ready to build.
    Where is this distribution property located?
    The property is located at 22601 Ranch Road 12 Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $2,485,000.
    What are key features of this property?
    This property features: 1200 ft of RR 12 frontage.; Approved site plans, foundation plans, and septic system plans in place.; Excellent location near Austin and Dripping Springs.
    Request Owner's contact information
    22601 Ranch Road 12 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
    22601 Ranch Road 12 Dripping Springs, TX 78620
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