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508 Innovation Way - Elgin Retail Business Park 2.02 - 4.46 Acre Commercial Land Lots Offered at $615,938 in Elgin, TX 78621

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INVESTMENT HIGHLIGHTS

Expedited 90 Day Permitting
Triple Freeport Zone and an Opportunity Zone
Centrally located between Samsung, Tesla and Austin

Development support provided by Elgin EDC for Employment Centers
All utilities including city wastewater to each site

EXECUTIVE SUMMARY

Elgin Business Park, developed by the Elgin Economic Development Corporation (EDC), is designed to fuel job creation and economic growth in this rapidly expanding city. Each lot boasts prime street frontage and comes fully equipped with essential utilities, including city water and wastewater. Positioned strategically between Tesla, Samsung, and Austin, this site offers unparalleled connectivity and tax incentives. The Elgin EDC is committed to supporting businesses aligned with the city's growth vision, offering expedited permitting to streamline your project. With shovel-ready lots, Elgin Business Park is the perfect foundation for your company’s future success.

Elgin Business Park-Brochure-Lot 7

PROPERTY FACTS

Price	$615,938	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial Retail Office Hospitality
No. Lots	2	Total Lot Size	6.48 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Employment Center - Property is developed and owned by the Elgin EDC. Use restricted but not limited to Employment Center.

Price	$615,938
Sale Type	Investment
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Office Hospitality
Total Lot Size	6.48 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Employment Center - Property is developed and owned by the Elgin EDC. Use restricted but not limited to Employment Center.

2 LOTS AVAILABLE

Lot 7

Price	$615,938	Lot Size	2.02 AC
Price Per AC	$304,919.80

Price	$615,938
Price Per AC	$304,919.80
Lot Size	2.02 AC

Corner lot with great visibility and across the street from Ascension health's new campus and Aviation Pizza's new si. Perfect for retail or office. Great walking score for residential neighbors and retail. Priced at $7/SF with all utilities to site.

Lot 9

Lot Size	4.46 AC

Lot Size	4.46 AC

Shovel ready. Lot 9 is perfect for office, retail, medical or hospitality. Near residential, retail and medical. Priced at $7/SF with all utilities to site.

DESCRIPTION

The Elgin EDC is proud to present this business park with all utilities provided. Shovel ready sites.

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(512) 864-5620

CONTACTS

Brittnee Gregoire
Stacey Loessin
Headwater Commercial Realty, LLC

Listing ID: 37690565
Date on Market: 9/16/2025
Last Updated:
Address: 508 Innovation Way, Elgin, TX 78621

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508 Innovation Way, Elgin, TX for sale Site Plan- Image 1 of 2 — 201 Roy Rivers Rendering

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