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Investment Highlights

  • Continuously leased for the past 10 years
  • 132 paved parking spaces

Executive Summary

Positioned in the heart of the rapidly expanding Central Texas corridor, this exceptional 4-acre commercial property offers a rare combination of scale, visibility, and versatility. Located just one mile north of Johnson City along highly trafficked Highway 281, the site features approximately 310 feet of prime highway frontage, providing outstanding exposure and accessibility. The property is improved with a well-maintained 15,200 square foot building that has been continuously leased for the past 10 years by a large, established company, reflecting both the functionality of the space and the reliability of the asset. The tenant has taken excellent care of the building and grounds, resulting in a turnkey opportunity for investors or owner-users alike. Originally designed to accommodate large gatherings, the building has previously operated as a dance hall and wedding venue, offering flexible open space suitable for a wide range of commercial uses. Amenities include a fully equipped commercial kitchen, two sets of men’s and women’s restrooms, 3 conference rooms, and a backup generator for operational continuity. The exterior of the property is equally impressive, featuring professionally maintained landscaping that enhances curb appeal and creates an inviting environment. A total of 132 paved parking spaces supports high-capacity use, while three separate entrances off Highway 281—each secured with automatic gates—allow for efficient traffic flow and controlled access. With its strategic location in one of Central Texas’ fastest-growing areas, strong frontage on a major thoroughfare, and adaptable improvements, this property represents a compelling opportunity for investors, event operators, or businesses seeking a high-visibility location with room to grow.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,200 SF
Building Class
B
Year Built/Renovated
1985/2021
Price
$3,999,995
Price Per SF
$263.16
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
15,200 SF
Building FAR
0.09
Lot Size
4.00 AC
Zoning
OCL - Outside City Limits
Parking
132 Spaces (8.68 Spaces per 1,000 SF Leased)
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
R6711
Land Assessment
$878,180
Improvements Assessment
$2,570,630
Total Assessment
$3,448,810
  • Listing ID: 40330525

  • Date on Market: 4/29/2026

  • Last Updated:

  • Address: 1506 US-281, Johnson City, TX 78636

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