27709 Ranch Road 12 Dripping Springs, TX 78620
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.