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    970 Sunset Canyon Dr Dripping Springs, TX 78620

    Sponsored
    For Sale
    $1,595,000

    1.46-acre lot, Hwy 290 frontage, development ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 1.46-acre commercial lot is ideally situated on the hard corner of Highway 290 and North Sunset Canyon Drive within the Dripping Springs ETJ. Located at a key entrance to the Sunset Canyon subdivision in Sunset Canyon Mud, this property boasts excellent visibility and accessibility. The lot offers a significant development opportunity, with water and electric readily available. A pre-approved site plan for a roughly 5,000 square foot car detailing business is in place, streamlining the development process. This high-traffic location on Highway 290 presents a rare chance to establish a thriving commercial venture. The property's zoning within the Dripping Springs ETJ ensures compliance with local regulations. This hard corner lot provides unparalleled visibility for any commercial enterprise, making it an exceptional investment opportunity in a rapidly growing area. The approved site plan, coupled with readily available utilities, minimizes development hurdles and accelerates the path to profitability. Don't miss this chance to acquire a prime commercial property in a desirable Texas location. The 78620 zip code offers easy access to Dripping Springs and surrounding areas.

    Property Features for 970 Sunset Canyon Dr

    General Information

    Property type
    Land
    Lot Size
    63,598 SF

    HighLights

    • 1.46‑acre commercial lot.
    • Highway 290 frontage with excellent visibility.
    • Hard corner lot.
    • Located in the Dripping Springs ETJ.
    • Significant development opportunity.
    • Approved site plan for a 5,000 sq ft car wash.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing 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
    -98.02012333
    Latitude
    30.19724519

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    FAQs

    What type of property is this?
    Land - 1.46-acre lot, Hwy 290 frontage, development ready
    Where is this land located?
    The property is located at 970 Sunset Canyon Dr Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: 1.46-acre commercial lot.; Highway 290 frontage with excellent visibility.; Hard corner lot.
    Request Owner's contact information
    970 Sunset Canyon Dr 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
    970 Sunset Canyon Dr Dripping Springs, TX 78620
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