3799 Us-290 Dripping Springs, TX 78620
This exceptional Dripping Springs, TX property offers 14,000 square feet of retail space across two buildings on a 1.96-acre lot. Building A, a restaurant, features a custom bar, covered patio, and playscape. Building B is a warehouse with office space overlooking the Texas Hill Country. The property boasts 60 parking spaces, ample storage, and a detached garage. Strategically located on US-290, it benefits from high visibility and easy access, situated near thriving developments like Headwaters and Belterra. Built in phases (1993, 2002, renovated 2018), this Class A property presents a unique opportunity for a restaurant, brewery, distillery, or similar business. The property includes two buildings, each two stories, totaling 14,000 net rentable square feet. The vacant property is offered fee simple and is zoned for commercial use. Its prime location along Highway 290 provides excellent visibility and accessibility, making it an attractive investment in a rapidly growing area. The property's proximity to Austin, Wimberley, and Driftwood further enhances its appeal to a wide range of potential businesses. The existing infrastructure, including the ample parking and storage, minimizes the need for significant upfront investment. This is a turnkey opportunity for a business seeking a high-profile location in a thriving Texas Hill Country community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.