Log In/Sign Up
Your email has been sent.
FM 620 & Birrell St - 620 & Lohmans Crossing 1 Acre of Commercial Land in Lakeway, TX 78734
Investment Highlights
- Great for Development
Executive Summary
JLL is pleased to offer the unique opportunity to purchase two parcels of land (The “Property”) in Lakeway Austin encompassing 6.43 combined acres with ample visibility from Ranch Road 620. The Property consists of two separate tracts, (Lot 1 and Lot 4). Positioned at the epicenter of prestigious suburbs such as Lakeway, Bee Cave, and Steiner Ranch, the Property boasts an impressive neighboring
retail lineup, including HEB, Randall’s, Starbucks, Taco Bell, Torchy’s Tacos, in addition to other first-class retail options. With these nearby customer drivers as well as over 45,000 vehicles a day traveling, the Property is positioned to offer an ideal location for both retail and office developers. This offers tremendous potential for investors to acquire two prime tracts of land in one of
Austin’s most esteemed suburbs.
retail lineup, including HEB, Randall’s, Starbucks, Taco Bell, Torchy’s Tacos, in addition to other first-class retail options. With these nearby customer drivers as well as over 45,000 vehicles a day traveling, the Property is positioned to offer an ideal location for both retail and office developers. This offers tremendous potential for investors to acquire two prime tracts of land in one of
Austin’s most esteemed suburbs.
Property Facts Under Contract
1 Lot Available
Lot 2
| Lot Size | 1.00 AC |
| Lot Size | 1.00 AC |
Description
A newly constructed H-E-B anchored lifestyle center is situated just north of the Property, serving as the consumer shopping epicenter of Lakeway. Additionally, there is a Randall’s Grocer located across RR 620 from Property A, further ensuring the immediate area will continue to serve as the shopping anchor for Lakeway. The household income within a 3-mile radius of the Property is $138,000 and average housing values range from $460,000 to more than $3 million. With more than 100% growth since 2000, approximately 55,000 residents live within five miles of the Property and this population is estimated to grow an additional 14% through 2021
Moderately walkable
60/100
Very drivable
80/100
Somewhat bikeable
30/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
