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4002 E Highway 290
Dripping Springs, TX 78620
Retail Property For Sale
Investment Highlights
- On Lighted Corner Lot with Great Visibility and Accessibility to Hwy 290
- Water supplied by rainwater system. Potential to use West Travis Utility for water source.
- No use restrictions. Ideal for retail, service business or any commercial use
Executive Summary
Price Reduced by Motivated Seller!
Prime Lighted Corner Lot on Hwy 290 between Belterra Development and Dripping Springs with well-built energy efficient 5,000 ft building. Ideal for an owner-occupant user or can be multi-tenanted (like it is currently). Potential uses include: retail, service business-related, event space, co-working space, etc. The property is in the ETJ of Dripping Springs with an impervious cover of 35%.
Prime Lighted Corner Lot on Hwy 290 between Belterra Development and Dripping Springs with well-built energy efficient 5,000 ft building. Ideal for an owner-occupant user or can be multi-tenanted (like it is currently). Potential uses include: retail, service business-related, event space, co-working space, etc. 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
$2,450,000
Price Per SF
$490
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.57 AC
Zoning
ETJ of Dripping Springs - No use restrictions. Currently in the Dripping Springs ETJ
Parking
13 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
239’ on U.S. 290
Amenities
- Conferencing Facility
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | R44784 | Improvements Assessment | $178,484 |
| Land Assessment | $1,242,110 | Total Assessment | $1,420,594 |
Property Taxes
Parcel Number
R44784
Land Assessment
$1,242,110
Improvements Assessment
$178,484
Total Assessment
$1,420,594
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