301 Highway 290 Elgin, TX 78621
- Commercial real estate
- 9,000 SF
- 7.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 301 Highway 290
- Year built
- 2015
- Lot size
- 7.06 lot acres
- Property size
- 9,000 SF
- Property type
- Commercial real estate
Description
This exceptional 7.06-acre commercial property boasts 9,000 square feet of versatile space, perfectly positioned on Highway 290 East in Elgin, Texas. The property benefits from a high daily traffic count of 52,950 vehicles, as reported by TxDOT, presenting a significant opportunity for businesses seeking high visibility. The existing metal storage building, measuring 145 feet by 60 feet, features a concrete slab and foam insulation, ensuring durability and energy efficiency. The building's clean and ready-to-occupy condition minimizes upfront investment for potential buyers. Located within the ETJ (Extra Territorial Jurisdiction) of Elgin, the property is unzoned, offering flexibility for a wide range of commercial uses. A readily available water line is situated at the front of the property, adding to its convenience and utility. Elgin's recent growth trajectory makes this a prime investment opportunity for discerning buyers seeking commercial frontage in a thriving Texas market. The expansive acreage provides ample room for expansion or future development, catering to a variety of business needs. This property presents a unique blend of existing infrastructure and development potential, making it an attractive proposition for entrepreneurs and investors alike. The asking price is $2,600,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Bastrop
- State
- Texas
- Longitude
- -97.356
- Latitude
- 30.3321
