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Lakeway Dr. - 5.565AC by Airport/Costco 5.56 Acres of Commercial Land Offered at $1,798,922 in Georgetown, TX 78628
INVESTMENT HIGHLIGHTS
- Owner-Financing Available
EXECUTIVE SUMMARY
Both the City and County have approved the final route of the wastewater line. Construction completion for wastewater is est. Nov. 2025 and is included with the sale price. Next door 5AC owner-user is building 15K sf warehouse with an additional, est. 10K sf for future expansion. Wide variety of uses available, see attached Permitted Use Chart. Up to 60' height capability.
Each of the two (2) lots at the site will be independent of each other regarding entry driveway and detention. Detention will be situated at the front left and driveways in the right half of each lot along the roadway. Current estimates for the fire-exit driveway are to be shared on the dividing property line, to be confirmed with the approved site plan of the next door 5AC owner.
Est. 100+AC's of mixed-use development and/or airport support facilities on the opposite side of Lakeway Dr. is being planned. Close to everything: Airport, Costco, I-35, Toll Road 130, Hwy 29, Williams Dr., Wolf Ranch Town Center, hospitals, education centers, retail, restaurants, business services and large/numerous subdivisions.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,798,922 | Lot Size | 5.56 AC |
| Price Per AC | $323,547.12 |
| Price | $1,798,922 |
| Price Per AC | $323,547.12 |
| Lot Size | 5.56 AC |
Owner-Financing Available, 5.565AC, Light Industrial zoning. Adjacent to Airport & near new Costco and Lowes at I-35/Lakeway Dr., Water/Electricity stubbed at site, Wastewater construction completion est. Nov. 2025 and is included with sale price.
DESCRIPTION
Owner-Financing Available Very active Lakeway Dr. corridor, new and large developments being situated all around this site with medical, retail, office and industrial uses. Good road systems for ingress/egress and is est. 2.5 miles from where I-35 and Toll 130 merge. Titan Development has two major industrial campuses: one is on the north side of where the new Costco and Lowes are located and the other is at the SE corner of I-35/Inner Loop (Lakeway Dr. becomes Inner Loop on the East side of I-35). Berry Creek Crossing's 50AC mixed-use project will be at the corner of I-35/Toll 130. Close to everything: Airport, Toll 130, I-35, Hwy 29, Williams Dr., Wolf Ranch Town Center, hospitals, education centers, retail, restaurants, business services and large/numerous subdivisions. See attached documents for additional site information.
Presented by
Ferris Commercial Real Estate
Lakeway Dr. - 5.565AC by Airport/Costco
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