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Property profile & analytics
OFF-MARKET
Mixed-use properties

27900 Ranch Road 12 Dripping Springs, TX 78620

5.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.75-acre commercial property, located at 27900 Ranch Rd 12 in Dripping Springs, Texas (zip code 78620), presents a unique development opportunity. Situated at the corner of Founders Park Road and Ranch Road 12, this site boasts excellent visibility and accessibility. The property is zoned CS and includes three existing LUEs (Lot Use Entitlements). Approved city permits are in place for the construction of four buildings totaling approximately 50,000 square feet, offering versatility for various uses including industrial, flex, retail, medical, and general office space. Two curb cuts on Ranch Road 12 provide convenient access. All necessary utilities are available, including sewer, a rare commodity for sites of this size in the area. Ample parking is also a key feature. This shovel-ready project benefits from its proximity to downtown Dripping Springs and easy access to major Hwy 290. The property's APN is R17946, R17945, R182635. The Dripping Springs Independent School District serves the area. This fully entitled package represents a significant opportunity in a market experiencing high demand for retail and industrial development. The property's strategic location and comprehensive entitlements make it an ideal investment for developers seeking a quick start on a profitable project.

Property profile
Verified
Property type Mixed-use properties
Lot 5.75 ac (250,470 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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