Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor.
5,429 Sq Ft
2.78 Acres privados Tamanho do lote
comercial
US$ 33.906 Imposto anual
Construído em 1999
MLS/ID do anúncio 3032178
Parking - Garage Faces Front
Parking - Gravel
Parking - Parking Lot
Parking - Shared Driveway
Conexão da secadora
Conexão da lavadora
Construção
Isolamento
Aquecedor de água
Heating - Propane
Construction - Hardi Plank Type
Cooling - Electric
Refrigeração - Ar condicionado central
Vinil
Parking - Garage Door Opener
Parking - Garage
Parking - Concrete
Parking - Common
Tile
Linóleo
Slab
Tapete
Hills View
Área comum
Escada acessível
Cozinha acessível
Banheiro completo acessível
Construction - Stone
CUSTO MENSAL TOTAL
US$ 0
US$ 0
US$ 0