Current Use by Public Records
- Specialty properties
Property Details for 765 Kauffman Loop
- Property type
- Specialty properties
- Property subtype
- Day care centers
Description
This exceptional 25-acre mixed-use development opportunity in Georgetown, Texas, presents a unique investment prospect. Located at 765 Kauffman Loop, this property boasts nearly 1000 feet of frontage on SH 29, ideal for a retail strip with direct highway access. The site is strategically positioned adjacent to the new HEB/retail complex at the corner of SH 29 and Ronald Reagan Parkway, a 200,000 square foot development including a 102,763 square foot HEB store and an additional 100,000 square feet of retail, service, restaurant, and medical space. The property is currently subdivided into two tracts. One tract is suited for high-density residential or office use, while the other offers prime retail space. Situated within the City of Leander's extraterritorial jurisdiction (ETJ), the property is currently zoned rural residential. However, a development agreement with the City of Leander mandates annexation upon any platting or use approval. Existing utilities are on-site. SH 29 is slated for a six-lane expansion, further enhancing the property's accessibility and value. Leander's rapid growth, recognized as one of America's fastest-growing large cities between 2018 and 2019, underscores the significant long-term potential of this investment. This development presents a rare chance to capitalize on the booming Georgetown/Leander market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.8227
- Latitude
- 30.6329
