Current Use by Public Records
- Lifestyle centers
Property Details for 20900 Farm To Market Rd
- Year built
- 2007
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 66,296 square foot shopping center, built in 2007, presents a unique investment opportunity in the thriving Lago Vista, Texas market. The property boasts a fee-simple ownership structure and features a multi-tenant layout with a NNN lease type. The existing building comprises a single-story west wing and a two-story east wing, offering a diverse range of retail, restaurant, and office spaces. In addition to the existing building, four build-to-suit pad sites are available for development, providing further expansion potential for restaurant or retail tenants. This prime location offers excellent accessibility via FM 1431 and Bronco Lane, with close proximity to Lohman's Ford Road. Its strategic position, just 30 minutes northwest of downtown Austin, ensures high visibility and convenient access for customers and employees. The property is zoned for commercial use and presents a compelling opportunity for investors seeking a well-established center with significant growth potential. The two-story design maximizes space and offers versatile options for tenants. The property's central location within Lago Vista provides easy access to a growing residential population and a strong local economy. This is a rare opportunity to acquire a well-positioned, established shopping center with significant upside.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lago Vista
- County
- Travis
- State
- Texas
- Longitude
- -97.9757
- Latitude
- 30.4817
