4002 W Highway 290
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4002 W Highway 290
5,000 SF 100% Leased Retail Building Dripping Springs, TX 78620 $3,716,240 CAD ($743.25 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great Visibility and Accessibility to Hwy 290
- Water supplied by rainwater system. Potential to use West Travis Utility for water source.
- Great potential for re-development; especially combining with adjacent property
EXECUTIVE SUMMARY
Prime Re-Development Potential on Hwy 290 between Belterra Development and Dripping Springs. Potential to purchase adjacent property as well for a total of 3.261 acres. The property is in the ETJ of Dripping Springs with an impervious cover of 35%.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1995
Price
$3,716,240 CAD
Price Per SF
$743.25 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.07
Lot Size
1.57 AC
Zoning
ETJ of Dripping Springs - Currently in the Dripping Springs ETJ
PROPERTY TAXES
| Parcel Number | R44784 | Improvements Assessment | $134,136 CAD |
| Land Assessment | $1,762,057 CAD | Total Assessment | $1,896,193 CAD |
PROPERTY TAXES
Parcel Number
R44784
Land Assessment
$1,762,057 CAD
Improvements Assessment
$134,136 CAD
Total Assessment
$1,896,193 CAD
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4002 W Highway 290
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