22601 Ranch Road 12 Dripping Springs, TX 78620
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.