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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 State Highway 29 Georgetown, TX 78628

12,000 SF 6 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 6-acre parcel presents a remarkable investment opportunity in the rapidly growing Liberty Hill, Texas market. Located at the intersection of W State Hwy 29 and Ronald Reagan Parkway in Williamson County (zip code 78628), this vacant land offers 12,000 to 60,000 square feet of development potential. The property is part of a larger 25-acre Planned Unit Development (PUD), with adjacent retail already fully leased and a new HEB grocery store nearby. The site boasts significant frontage on State Highway 29, a major thoroughfare experiencing high traffic volume (40,000+ vehicles daily), projected to expand to eight lanes within the next ten years. Utilities, including water and wastewater, are available at the pad site. The PUD is anticipated to receive final approval within three months. This property is zoned for retail use and offers flexibility for various development scenarios, including outright sale, joint ventures, or ground leases. The land value ranges from $17 to $25 per square foot. The surrounding area has a substantial population base, with over 15,000 homes within a three-mile radius. This prime location offers unparalleled visibility and access to a thriving consumer market, making it an ideal site for a restaurant, shopping center, or other retail development. The property's strategic location and development potential make it a highly attractive investment opportunity.

Property profile
Verified
Property type Lifestyle centers
Year built 2023
Total area 12,000 SF
Lot 6 ac (261,360 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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