5003 I-35 Frontage Rd Round Rock, TX 78626
This exceptional 1.3-acre commercial land parcel presents a unique investment opportunity in the thriving Georgetown, Texas market. Situated on the I-35 frontage road, this property enjoys unparalleled visibility and accessibility, boasting a prime location directly across from Bass Pro Shops and near the Round Rock Premium Outlet Mall. The asking price is $750,000, translating to $15 per square foot. The land is currently vacant and ready for development, ideal for owner-users or investors seeking high-impact commercial projects. City of Georgetown utilities—electricity, water, sewage, and telephone—are readily available. While the property is currently unzoned, it's prepared for platting and zoning by the buyer, with a 70% impervious coverage allowance and a 60-foot height restriction. Importantly, the Texas Department of Transportation (TXDOT) is prepared to approve a curb cut onto the service road, streamlining development plans. Please note that the property includes utility and temporary construction easements, approximately one-third of an acre. All information should be independently verified by the prospective buyer. This is a rare chance to acquire a high-profile commercial site in a rapidly growing area with excellent access to major transportation arteries and significant retail destinations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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