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Property profile & analytics
OFF-MARKET
Land

27709 Ranch Road 12 Dripping Springs, TX 78620

1.48 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.484-acre commercial lot is ideally situated in downtown Dripping Springs, Texas, offering unparalleled visibility and accessibility. The property boasts 224 feet of frontage on Ranch Road 12, ensuring high traffic exposure for any business. Zoned CS (Commercial Services), this flat, buildable lot presents a rare opportunity for development. Utilities are readily available, with water and electricity already in place. While sewer is nearby, a connection is not currently established. A recent survey is available for review. Previous dead trees, likely victims of Oak Wilt, have been removed, simplifying site preparation. The property is conveniently located outside of the Historic District, streamlining the development process. This prime location offers a unique chance to establish a thriving business in the heart of Dripping Springs. The asking price is $795,000, and the property is offered fee simple. The APN is 1112000000007A04. This is a truly exceptional opportunity for commercial development in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 1.48 ac (64,643 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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