24800 I-35 Kyle, TX 78640

Property Details for 24800 I-35

Lot size

47.76 lot acres

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional 47.763-acre tract of land presents a unique investment opportunity in Kyle, Texas. Situated at 24800 Interstate 35, this property enjoys high visibility as the "Gateway to Kyle" from the south, offering unparalleled exposure to travelers along the heavily trafficked I-35 corridor between Austin and San Antonio. The City of Kyle designates this site for mixed-use development, encouraging a blend of retail, office, and hospitality uses. The land boasts existing infrastructure, including city water and sewer utilities, electricity, and direct I-35 frontage access. A conceptual site plan suggests the potential for a development exceeding 27 acres of multi-family housing and over 20 acres of retail space, potentially divided into two tracts. This strategic location is further enhanced by the City of Kyle's commitment to infrastructure improvements, including plans outlined in both the City's Transportation Plan and Vybe Trail Plan, designed to improve accessibility. Furthermore, the property benefits from an existing 380 Economic Development Agreement with the City of Kyle, offering potential financial incentives through sales tax rebates for future development. This presents a compelling opportunity to create a landmark development in a rapidly growing area, capitalizing on the strong demand for commercial and residential space along this key transportation artery. The property's location within Hays County, Texas, and its proximity to both Austin and San Antonio, makes it an attractive investment for developers seeking high-impact projects in a thriving market. The zip code is 78640.

Location Insight

City

Kyle

County

Hays

State

Texas

Longitude

-97.8809

Latitude

29.95