State Highway 29 Georgetown, TX 78628
- Lifestyle centers
- 12,000 SF
- 6.00 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 0 State Highway 29
- Year built
- 2023
- Lot size
- 6.00 lot acres
- Property size
- 12,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
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
- Georgetown
- County
- Williamson
- State
- Texas
- Longitude
- -97.8207
- Latitude
- 30.637
