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Property profile

3799 Us-290 Dripping Springs, TX 78620

OFF-MARKET
Warehouses
15,000 SF 1.96 ac lot Built 1993
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Property summary

AI-generated overview

This exceptional 1.96-acre property in Dripping Springs, Texas, offers a unique blend of retail and warehouse space, perfectly positioned on US-290, a major thoroughfare connecting Austin, Dripping Springs, and Fredericksburg. The property boasts two buildings totaling 15,000 square feet. Building A is a fully equipped restaurant featuring a custom bar, covered patio, and children's playscape. Building B is a warehouse with office space offering stunning Hill Country views. The property includes 107 parking spaces, easily accessible from both US-290 and Hidden Hills Drive. Built in 1993 and renovated in 2018, this Class A property features ample storage throughout both buildings, including a detached garage near Building A. The property benefits from its location within established developments like Headwaters and Belterra, ensuring high visibility and access to a thriving community. This turnkey opportunity is ideal for a business seeking a prominent location with excellent access and ample space for operations and growth. The two-story buildings offer a versatile layout, suitable for a variety of uses. The property's strategic location along a major highway provides unparalleled exposure to a large volume of daily traffic. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a rapidly growing area of Texas.

Property profile

Verified
Property type Warehouses
Year built 1993
Total area 15,000 SF
Lot 1.96 ac (85,378 SF)

Cap rate & NOI

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

Location

3799 Us-290 Dripping Springs, TX 78620
Dripping Springs metro
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Value estimations

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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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