Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    29 Hwy Georgetown, TX 78628

    For Sale
    Contact for pricing

    Prime Texas Restaurant Site, 12 Oaks Village

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    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 Features for 29 Hwy

    General Information

    Property type
    Restaurants
    Class
    A
    Lot Size
    65,340 SF

    HighLights

    • Across from a top 4% performing HEB Plus grocery store.
    • 40 acres of single‑family and multifamily residential development already completed.
    • Future 2‑mile Veloway trail.
    • Signalized intersection at Kauffman Loop.
    • Proposed 8‑lane expansion of State Highway 29.
    • Over 2,000 feet of Highway 29 frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Georgetown
    County
    Williamson
    State
    Texas
    Longitude
    -97.7634019
    Latitude
    30.6410107

    Nearby Similar for Sale

    • New
      $400,000
      2,028 SF

      Georgetown Duplex in Convenient Location

      Duplex in Georgetown, great for living or investment.
      621 Luther Dr, Georgetown, TX 78628
      View Details
    • $7,795,000
      12,135 SF

      Georgetown Retail Center For Sale

      Class A retail center in a rapidly growing area.
      2960 Fm 1460, Georgetown, TX 78626
      View Details
    • $3,000,000
      8,097 SF

      Unique Multi-Home Sanctuary on 10 Acres

      Private 10-acre property with three custom homes near Georgetown, TX.
      2801 County Road 255, Georgetown, TX 78633
      View Details
    • $475,000

      Georgetown Duplex: Investor-Ready Income Property

      Duplex in Georgetown, TX with immediate income potential.
      212 Tamara Dr, Georgetown, TX 78628
      View Details
    • $475,000

      Georgetown Duplex: Investor Ready

      Duplex in Georgetown, tenant-occupied, immediate income potential.
      214 Tamara Dr, Georgetown, TX 78628
      View Details
    • $399,000

      Georgetown Duplex: Fully Leased

      Professionally managed duplex in desirable Georgetown location, near I-35.
      517 Luther Dr, Georgetown, TX 78628
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Texas Restaurant Site, 12 Oaks Village
    Where is this restaurant located?
    The property is located at 29 Hwy Georgetown, TX.
    What are key features of this property?
    This property features: Across from a top 4% performing HEB Plus grocery store.; 40 acres of single-family and multifamily residential development already completed.; Future 2-mile Veloway trail.
    Request Owner's contact information
    29 Hwy Georgetown, TX 78628
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Hwy
    Georgetown, TX 78628
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    29 Hwy Georgetown, TX 78628
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.