RETAIL / OFFICE DEVELOPMENT OPPORTUNITY Bulk Sale of ±24 Acres at $4.00 / sq. ft.
Existing Williamson CAD Tax Parcels Property Features Area of high residential development growth Situated at the entrance of Sundance Estates and Sundance Ranch Main thoroughfare location in Liberty Hill High demand for Commercial Services ±950 of frontage on Highway 29 ±2.5 miles west of US 183 C-3 Zoning, 85% Impervious Cover Aggressive economic development corporation Available R402518 5.7 ac R402517 2.05 ac R479146 1.42 ac R479147 1.59 ac R392589 5.63 ac R392556 3.47 ac R381826 4.86 ac R022759 0.81 ac
Conceptual Site Plan for Development
Property Information Priced for Bulk Sale Eight WCAD parcels totaling ±24 acres $4.00 per square foot for total asking price of $4,181,800 ±15 acres at corner of Hwy 29 and CR 214 ±950 Feet of Frontage on Highway 29 ±650 Feet of Frontage on County Road 214 C-3 zoning, 85% impervious cover o General Commercial / Retail This zoning designation is intended to provide for a wide range of commercial and retail goods and services. It is primarily intended for use in high-traffic areas adjacent to arterial streets and highways and is appropriate for relatively high-volume commercial centers SITE Favorable zoning designation offers potential for sizable retail development, plus many additional permitted and conditional commercial uses such as office, restaurant, self-storage, day care, medical services, etc. Water and wastewater available in Highway 29 41 miles to Austin Bergstrom International Airport 34 miles to Downtown Austin
Executive Summary TOTAL SIZE ±24 Acres WATER City of Liberty Hill FRONTAGE ±1,575 WASTEWATER City of Liberty Hill ZONING C-3 General Commercial/Retail ELECTRIC Pedernales Electric Cooperative UTILITIES LUEs Available in 2016 DRAINAGE Water Quality & Detention Required PRICE: $4,181,800 (±$4.00/SF) PRIME LOCATION: Situated at the intersection of Highway 29, County Road 214 and Bronco Boulevard, in front of the 1,200 home subdivisions of Sundance Ranch and Sundance Estates. Highway 29 is the main artery through Liberty Hill traveled regularly by locals and the neighbors to the east commuting their children to Liberty Hill Schools. VISIBILITY, ACCESS, & LOCATION: Sundance Square is approximately 2 ¾ miles west of the intersection of Highway 29 and Highway 183. Site has excellent visibility and access from Highway 29 and County Road 214. RAPIDLY GROWING AREA: In addition to several recently completed communities in Liberty Hill there are more than 9,200 plotted lots approved within the Liberty Hill ISD boundaries. Median new home prices in the market area are $329,702. TRANSPORTATION IMPROVEMENTS: Sundance Square is situated 2 ¾ miles west of the future Highway 183 tollway expansion. Highway 183 is a major artery which flows right into the heart of Austin. COMMERCIAL NEEDS: New and future residential growth has increased demand for a variety of new restaurants, retailers, convenience stores, hotel, and medical offices. HOTEL LODGING NEEDS: Local drought conditions resulted in a turf covered athletic field at the new Liberty Hill High School, which is located two miles west of Sundance Square. The turf field has made Liberty Hill a destination for regional sporting events drawing overnight visitors on a regular basis. Because of the current absence of hotels in Liberty Hill, city planners have identified the subject property as a viable hotel site.
Location Analysis LIBERTY HILL is a growing community located in Williamson County, Texas situated just north of Leander and west of Georgetown in the northern segment of the exploding Austin Metroplex and one of the fastest growing counties in the country. The recent expansion of Highway 183 to State Highway 29 has opened up a gateway of growth from Austin to Liberty Hill. Commuters can now benefit from the Leander Capital MetroRail station less than 8 miles away, a mass transit system which carries thousands of passengers a day as far as downtown Austin. With a highly rated school district, Liberty Hill ISD has attracted single family developers to meet the growing demand. The area offers reasonably priced real estate, affordable cost of living and a family-friendly atmosphere with homes and developments backed by the solid reputation of nationally known builders and developers. With over 9,200 total future residential planned within the Liberty Hill ISD perimeters, the anticipation of an accelerated population growth is simultaneous with other Austin suburbs.
Residential Developments in Vicinity