$1,100,000
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1,595 SqFt
SOLD DATE : 09/11/2024
Key Details
Property Type Commercial
Sub Type Site Planned
Listing Status Sold
Purchase Type For Sale
Square Footage 1,595 sqft
Price per Sqft $626
Subdivision Blue Ridge Sec 1
MLS Listing ID 8481539
Sold Date 09/11/24
Originating Board actris
Year Built 1985
Annual Tax Amount $12,614
Tax Year 2022
Lot Size 2.000 Acres
Property Description
Great opportunity in downtown Dripping Springs for owner occupied or development of office condos. Zoned LR with multiple uses. On major artery into Dripping Springs. Approved for 11,550 square feet of office condo with 51 parking spaces. TX-DOT approved access onto Ranch Road 12. Zoned LR. See agent for details on zoning or inquire at the City Of Dripping Springs. Currently producing income from office tenant. There is a lack of small office space for lease in Dripping Springs and this property could be fully leased prior to completion of the development. 2 acre lot to the north is also available for sale for a total of 4 acres.
Location
State TX
County Hays
Zoning Site Plan is approved and permits issued for condo office complex. The LR (Light Retail) zoning uniquely offers the ability to an owner to utilize it as live/work as well as a multitude of other uses. Zoning information and deed restrictions available.
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Tile, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Electricity Connected, Sewer Available, Water Available, Water Connected, See Remarks
Waterfront No
View Neighborhood
Accessibility None
Parking Type Additional Parking, Gated, Paved, Private
Total Parking Spaces 12
Building
Story 1
Foundation Slab
Sewer Septic Tank, See Remarks
Water Well, See Remarks
Structure Type Brick,Frame
New Construction No
Others
Restrictions Deed Restrictions,Zoning
Acceptable Financing Cash, Conventional
Tax Rate 1.6818
Listing Terms Cash, Conventional
Special Listing Condition Standard
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