2350 Us-290 Dripping Springs, TX 78620
This exceptional 4.22-acre commercial land parcel in Dripping Springs, Texas, presents a unique investment opportunity. Located at 2350 & 2400 W Highway 290, this property boasts a highly desirable CS zoning designation, the city's most advantageous zoning classification. Its strategic position between Flores Mexican Restaurant and Deep Eddy Vodka Distillery ensures high visibility and accessibility. The property offers significant potential for a wide range of commercial ventures, including but not limited to convenience stores, flex parks, office condominiums, or even a national retailer such as an automotive repair facility – a sector currently underserved in the area. This prime location provides convenient access to city water and includes a TxDOT-approved driveway with existing plans. The asking price is $2,000,000. This is a blank canvas for a developer seeking a high-traffic location with excellent visibility in a rapidly growing Texas Hill Country town. The property's 78620 zip code and Hays County location further enhance its appeal. Detailed plans and specifications are available upon request. Don't miss this chance to acquire a premier commercial property in a thriving market.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.