Property profile

290 & Rob Shelton Blvd Dripping Springs, TX 78620

OFF-MARKET
Land
0.71 ac lot
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Property summary

AI-generated overview

This exceptional 0.71-acre commercial land parcel presents a prime opportunity for development in the thriving Dripping Springs, Texas market. Located at the intersection of U.S. 290 and Rob Shelton Boulevard, this property boasts exceptional visibility and accessibility, benefiting from high daily traffic counts. U.S. 290 sees an average daily traffic volume of 37,674 vehicles, while Ranch Road experiences 14,695 vehicles per day, ensuring significant exposure for any future business. The property is zoned for Commercial Services, offering flexibility for a variety of commercial uses. Water utilities are already available on-site, simplifying the development process and reducing initial infrastructure costs. Situated in Hays County, Texas, with a 78620 zip code, this location offers easy access to major transportation routes and a vibrant community. This is an ideal site for businesses seeking high visibility and convenient access to a growing population. The property's size and location make it an attractive investment for developers and entrepreneurs alike. Don't miss this chance to secure a prime commercial lot in a rapidly expanding area of Texas.

Property profile

Verified
Property type Land
Lot 0.71 ac (30,928 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

290 & Rob Shelton Blvd Dripping Springs, TX 78620
Dripping Springs metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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