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12465 Parmer Ln
Cedar Park, TX 78613
Land For Sale · 2.00 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Bank
  • Daycare Center
  • Drugstore
  • Healthcare
  • Health Club
  • Medical
  • Restaurant
  • Storefront, Retail or Office
  • Veterinarian or Kennel
Total Lot Size 2.00 AC
Cross Streets Kenai Drive
Zoning Local Business - Commercial zoning supports a variety of uses including medical, retail, office, restaurant, daycare (SUP), veterinarian, bank, etc.

DESCRIPTION

Just listed! Located north of the intersection of Ranch Trails and Parmer Lane, these two pad sites are part of Cedar Park’s newest mixed-use development: Velsa Ranch. Phase One of Velsa Ranch will include approximately 80,000 square feet of retail, restaurant, medical and office product on 8 acres, which is under construction now with an estimated completion date for the shell buildings by the end of 2024. As a part of that site plan, water and wastewater are being stubbed to pad sites and a shared water-quality pond and detention pond is being constructed off-site. Easy access to Parmer Lane with approximately 32,000 cars per day makes these sites perfect for a variety of different uses including daycare (SUP), retail sales, personal services, banks, urgent care/emergency services, office, veterinarian, fitness and small restaurants. The development is catty corner to The Presidio and under a mile to the intersection of 1431 and Parmer where HEB, Walmart, Home Depot, Specs and other large anchor tenants reside. Lastly, the City has received funding for the full design and construction of the Toro Grande extension, which will dead end at Phase Two of Velsa Ranch and help direct a huge increase of traffic south to Parmer Lane from New Hope and 1431.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R637632
  • R637631
Land Assessment
$1,220,422
Improvements Assessment
$0
Total Assessment
$1,220,422
  • Listing ID: 31253131

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 12465 Parmer Ln, Cedar Park, TX 78613

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