Property profile

29 Hwy Georgetown, TX 78628

OFF-MARKET
Retail properties & Spaces
1.5 ac lot
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Property summary

AI-generated overview

This exceptional Class A restaurant opportunity is located in the thriving 12 Oaks Village development at the northeast corner of Highway 29 and Ronald Reagan Boulevard in Liberty Hill, Williamson County, Texas. The site is part of a 92-acre mixed-use community, already 60% developed, offering a vibrant "live, eat, play" environment. This location boasts significant advantages, including proximity to a high-performing HEB Plus grocery store, a future 8-lane expansion of State Highway 29, and a planned 2-mile Veloway trail. The property features a signalized intersection at Kauffman Loop and over 2000 feet of Highway 29 frontage. The site is zoned for restaurant use and is one of two available Class A restaurant spaces within the development, sharing access to a community park. The surrounding area includes single-family and multi-family residential developments (40 acres already closed), a childcare facility, and a 35-acre mixed-use site planned with a Main Street concept. This presents a unique chance to establish a top-tier dining establishment in a rapidly growing area with strong demographics and significant infrastructure improvements. The lot size ranges from 1.5 to 5 acres, providing ample space for development. This is an unparalleled opportunity to capitalize on the explosive growth in Liberty Hill, Texas.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29 Hwy Georgetown, TX 78628
Georgetown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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