10AC Commercial Land | Reid Barry

Property Summary

Thisunrestricted10acresabuttingFM-150andOnionCreekinDriftwood,TXoffersanopportunityto stakeyourclaimonahighlyversatiletractcenteredalongacorridoroftheHillCountryexperiencinga renaissanceperiodofgrowthforbusinesses,upscalelivingcommunities,luxuriousamenitiesandevolving infrastructure.Thesiteisprimedforavarietyofcommercialdevelopmentventures.

Location & Access

Thelocationislogisticallyadvantageousforbusinessowners,dailycommutersorlandbanking investorswhowishtobepositionedcentrallytonumerousboomingmarketsthatcanbequickly accessedviadirectfrontageonamajorthoroughfareandbeneighborstosomeheadlineattractions.

ClickforInteractiveMap

Proximities: <10min.todowntownDripping Springs(HEBGrocery)

30min.toAustinMSA/airport

<20min.toBuda

25min.toKyle(rankedtopthree fastestgrowingcitiesnationally)

Frontage:

±315' FM-150(2021VPD:4700)

FM-150:TXDot’sLongTerm Transportationplancallingfor extension/realignmentstoFM-150 andFM-1826tosupportprojected growthandenhancedmobility.

TXDotPermittedDeceleration Lane

TXDot Long Term Trans. Plan: FM-150

Pre-Development Site Planning

Survey:availablehere

Utilities:privateonsitewell, conventionalsepticsystem,andpower. Aholdingtankand/orrainwater catchmentsystemcanbeinstalledto supplementcapacityneedsuntilif/when publicutilitiesareavailable.

EngineeredBuilding/GradingPlans*

26,400SFofleasableflex/office/light industrialspaceplussecured outdoorstorage,47parkingspots,a TXDotpermittedFM-150 declarationlanetosupportlarge trucks/equipment,utilitylocations, drainage/floodplain/topocontours. Thespacemaximizeslanduse outsideof500yrFP*Conceptual/Not

Permitted

RecentSiteWork:mostlyclearedof trees;layeroffilldirtspread;roadbase addedtoentry

Many

Driftwood Golf & Ranch Club

The $300 million project is expected to have about 320 homes and private luxury amenities, including the golf course, clubhouses, restaurants, pool and outdoor spaces, including sport courts and a vineyard

Improvements & Key Facts

Improvements:

1152SFtwostorygarageapartment

576SF1/1apartmentwithbalcony

576SFdoublebaygarage

Builtin2000

ExistingLease: $1000/month&monthtomonth

Misc.PropertyHighlights:

ParcelID:R20555

LegalDescription:JVASHJRSUBD,LOT

3,ACRES10

TaxRate:1.87(nonexempt)

Est.Avg.UtilityUsage:$110/month

FEMAFloodplain:100and500yrpresent

Aquifer:Trinity-EdwardsAquifer

ContributingZone

Jurisdiction:HaysCounty;DrippingSprings

ETJ-Unzoned

Easements:None

SchoolDistrict:DrippingSpringsISD

BROKER DISCLAIMER:

The information contained herein has been gathered from sources deemed reliable; however, TexasLand, a group at Keller Williams Realty and its associates, members, agents and employees cannot guarantee the accuracy of such information. No representation is made as to the possible investment value or type of use. Prospective buyers are urged to verify all information to their satisfaction and consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that properties in the States of Texas are subject to many forces and impacts, natural and unnatural; including, but not limited to weather related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors and government actions. Prospective buyers should investigate any concerns to their satisfaction.