2790 Us-290 Dripping Springs, TX 78620
This exceptional 3+ acre commercial and industrial property in Dripping Springs, Texas, presents a unique investment opportunity. Located at 2790 US-290, Hays County, zip code 78620 (30.20683, -98.1308508), the land boasts 221 feet of high-visibility frontage on US Highway 290, a major thoroughfare with high traffic counts ranging from 15,989 to 28,007 vehicles daily, according to TXDOT. The property features CS zoning, allowing for a wide variety of commercial uses. Existing improvements include a well-maintained 1200 square foot brick home, potentially convertible into office space, and an outbuilding suitable for workshop or storage use. The home is serviced by a well and septic system, while public water is available at the street. The land itself is level and cleared, providing ample space for truck or equipment parking and storage. This property is situated in a rapidly growing area, making it an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The asking price is $1,800,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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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.