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9807 HWY 71 - 2.85 to 5.02 Ac Highway Frontage Land 5.02 Acres of Commercial Land in Spicewood, TX 78669

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INVESTMENT HIGHLIGHTS

  • Highway Frontage - High Visibility and Access from Hwy 71
  • Existing Stream of Income
  • Unrestricted Land - No Impervious
  • Situated between 4-5 New Residential Developments

EXECUTIVE SUMMARY

Prime development or land hold investment property with Highway 71 frontage and unrestricted zoning. The property ideally sits between several major planned housing developments and has an an existing stream of income. New Traffic Light has been installed at the western entrance to the site crossing Highway 71 at Gregg Drive.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Office
  • Hold For Development
  • Industrial Live or Work Unit
  • Industrial Park
  • Restaurant
  • Self Storage
  • Warehouse
Total Lot Size 5.02 AC
Zoning None - Unrestricted Zoning

1 LOT AVAILABLE

Lot

Lot Size 5.02 AC

Lot has highway frontage and deep with a very slight uphill towards the back of the property. Lot is platted into two separate parcels 2.85 acres (back flag lot) and 2.17 acres - highway frontage parcel. Seller will sell back lot separately.

DESCRIPTION

2.85 to 5.02 Acres of commercial unzoned land on Highway 71 in Spicewood near Marble Falls. -Option 1 -5.02 Acres : High visibility and two access from Highway 71. The property has a 1385 SF retail / office, coffee kiosk, taco trailer, gas tank and Lamar Billboard generating income for the property. The property is unzoned with no impervious cover restrictions. -Option 2 -2.85 Acres : The 2.85 acres is located at the rear of the property with a flag to the Highway. There is a Lamar Billboard on the flag which the lease will convey with the sale of the property. The 2.85 acres is ideal for storage or warehouse development. There are no restrictions. Please see attached re-plat. This is an ideal redevelopment parcel which will draw from over 7,500 new and planned residential units off Highway 71 from Spicewood to Marble Falls.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
116128
Land Assessment
$218,317
Improvements Assessment
$0
Total Assessment
$218,317
  • Listing ID: 27961006

  • Date on Market: 3/12/2023

  • Last Updated:

  • Address: 9807 HWY 71, Spicewood, TX 78669

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