$6.50M

Description

PRIME COMMERCIAL OPPORTUNITY. Rarely does a commercial opportunity of this caliber come to market. Situated along the high-traffic US Highway 290 corridor in Dripping Springs, Texas: one of the fastest-growing communities in the United States. This 15± acre tract represents a generational investment in one of the most sought-after growth markets in the country. Currently home to the Dripping Springs Country Club, the property is fully operational & income-producing while offering extraordinary potential for redevelopment, mixed-use, or large-scale commercial projects. This property benefits from explosive population growth, rising household incomes, & surging demand for retail, dining, entertainment, & mixed-use development. The immediate trade area is experiencing transformational change, w/ major national retailers planting flags in the submarket. A new Target store is under construction just down the road, a powerful signal of the area's demographic strength & retail demand. Where Target goes, other national & regional tenants follow, making this an ideal time to secure a premier development site before land values climb further. This property is a developer's dream. The scale & location provides flexibility to accommodate a single-tenant anchor, a multi-tenant development, or a phased mixed-use project designed to serve the rapidly expanding local population. Dripping Springs is no longer a hidden gem, it is a destination. Known as the "Gateway to the Hill Country," this community has attracted affluent residents, young families, & businesses relocating from the greater Austin metro. With top-rated schools, a vibrant local culture, & proximity to Austin's tech economy, Dripping Springs commands premium real estate values that continue to rise. US Highway 290 traffic volumes are projected to double by 2045, cementing this corridor's role as one of Central Texas's most important commercial arteries for decades to come.

Property Details

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