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Property profile & analytics
OFF-MARKET
Land

2 Us-290 Dripping Springs, TX 78737

3.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.06-acre commercial/industrial land parcel presents a unique opportunity for development in Hays County. Located at the intersection of Ledgestone Drive and US Hwy 290, this strategically positioned lot boasts high visibility and accessibility, situated amongst established national retail brands between Austin and Dripping Springs. The property offers significant advantages for developers, including the absence of zoning restrictions and landscaping ordinances, providing flexibility in design and construction. An 80% impervious cover limit is in place. Furthermore, the site benefits from readily available off-site water quality and storm detention pond capacity, eliminating the need for on-site infrastructure development. Wastewater services are provided by Hays County MUD No. 4, and water service is supplied by the West Travis County Public Utility Agency. This prime location, combined with the streamlined development process, makes this a highly attractive investment for a variety of commercial uses, including but not limited to retail and office spaces. High traffic volumes on US Hwy 290 ensure significant exposure and accessibility for any future development. The single-tenancy nature of the land allows for complete control and customization of the project. This is an exceptional opportunity to capitalize on the thriving commercial market in this rapidly growing area.

Property profile
Verified
Property type Land
Lot 3.06 ac (133,294 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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