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    27900 Ranch Road 12 Dripping Springs, TX 78620

    For Sale
    Contact for pricing

    5.75-acre commercial land, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5.75-acre commercial property, located at 27900 Ranch Rd 12 in Dripping Springs, Texas (zip code 78620), presents a unique development opportunity. Situated at the corner of Founders Park Road and Ranch Road 12, this site boasts excellent visibility and accessibility. The property is zoned CS and includes three existing LUEs (Lot Use Entitlements). Approved city permits are in place for the construction of four buildings totaling approximately 50,000 square feet, offering versatility for various uses including industrial, flex, retail, medical, and general office space. Two curb cuts on Ranch Road 12 provide convenient access. All necessary utilities are available, including sewer, a rare commodity for sites of this size in the area. Ample parking is also a key feature. This shovel-ready project benefits from its proximity to downtown Dripping Springs and easy access to major Hwy 290. The property's APN is R17946, R17945, R182635. The Dripping Springs Independent School District serves the area. This fully entitled package represents a significant opportunity in a market experiencing high demand for retail and industrial development. The property's strategic location and comprehensive entitlements make it an ideal investment for developers seeking a quick start on a profitable project.

    Property Features for 27900 Ranch Road 12

    General Information

    Property type
    Mixed-use properties
    Lot Size
    250,470 SF

    HighLights

    • 5.75‑acre site.
    • 1200' frontage on Ranch Road and Founders Park Road.
    • CS Zoning.
    • Approved site plan.
    • Suitable for flex, office, retail, or medical office uses.
    • Located in the Dripping Springs ISD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Hotel & Motel Pharmacy Auto Parts Store Department Store HVAC Service Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.0866867
    Latitude
    30.1979306

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    FAQs

    What type of property is this?
    Mixed-use property - 5.75-acre commercial land, prime location
    Where is this mixed-use property located?
    The property is located at 27900 Ranch Road 12 Dripping Springs, TX.
    What are key features of this property?
    This property features: 5.75-acre site.; 1200' frontage on Ranch Road and Founders Park Road.; CS Zoning.
    Request Owner's contact information
    27900 Ranch Road 12 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
    27900 Ranch Road 12 Dripping Springs, TX 78620
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