312 Medical Pky
Lakeway, TX 78738
Pad Site 11-F · Land For Sale
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4.53 AC
Investment Highlights
- The pad site is located in the heart of Lakeway with frontage of Ranch Road 620, just one mile from the Lakeway Town Centre.
- Entrances to Lake Travis are less than five miles from the location, offering beautiful views of both the lake and the Texas hill country.
- Hill Country Galleria Shopping Mall is a short six-minute drive from the site, offering a number of dining and retail options.
- Lakeway Regional Medical Center draws traffic from both Lake Travis High School and Baylor School & White Hospital.
- The entrance to State Highway 71 is 2.3 miles from Lakeway Regional Medical Center, allowing for an easy commute into Austin.
- Surrounding dining options include national chains like McDonald’s as well as local favorites such as The Grove Wine Bar & Kitchen.
Property Facts
Description
This pad site is the last remaining in the Lakeway Regional Medical Center and allows for up to 28,000 square feet for office/medical or approximately 42,000 square feet for hotel! The master site plan has already been approved and the pad site is partially improved which allows for immediate construction operations. The Major Medical Center zoning supports a variety of permitted uses that would fit for this pad site including office, retail, restaurant, health/fitness club, and personal services. The site is located in the highly sought-after area of Lakeway which boasts a median household income close to $150,000. A variety of outdoor activity locations can be found within 20 minutes of the site, including Lake Travis, multiple golf courses, and some local parks. The Lakeway Regional Medical Center is currently home to a number of medical offices, hospitals, and assisted-living facilities, and a number of tenants would be a great fit for this site.
