1010 Martin Rd Dripping Springs, TX 78620

Property Details for 1010 Martin Rd

Year built

2010

Lot size

2.65 lot acres

Property size

3,944 SF

Property type

Manufacturing properties

Property subtype

Distribution centers

Description

This exceptional investment opportunity presents a four-unit industrial property ideally situated in Dripping Springs, Texas, at 1010 Martin Rd, 78620. The property encompasses 2.649 acres of land and features a mix of building types, including one approximately 2,000 square foot shop and three approximately 648 square foot storage sheds, all constructed in 2010 and 2017. The main shop boasts 12-foot ceilings, 200-amp single-phase electrical service, numerous perimeter outlets, and a restroom with a toilet, sink, and shower. Well-lit with energy-efficient T-8 fixtures, the shop also features tall overhead doors at both ends. Exterior amenities include a 30-amp camper hookup with water and an on-site septic system. A significant 10,000-gallon rainwater collection system is also in place. The three additional storage buildings are dry and offer ample space. Currently, all four units are occupied by tenants under short-term leases. The property's zoning is unlisted, and it's located outside city limits and the extraterritorial jurisdiction (ETJ) in Hays County. The land value is $6.70 per square foot, and the asking price for this fee-simple ownership is $699,900. The property offers significant potential for expansion, with ample space to add one or two more buildings or utilize the land as a construction yard.