400 W US-290 Active

Dripping Springs,TX 78620

$ 14500000

- Bed

0 Bath

18060 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 18,060 sqft

Price per Sqft $802

MLS Listing ID 555578

Year Built 2001

Lot Size 19.210 Acres

Property Description

22.7 acres comprised of 2 lots directly across from Dripping Springs High School, with an incredible approximate 2,700' combined frontage 1) on the new Roger Hanks Parkway extension linking busy RR 12 to bustling Hwy 290, and 2) along Old U.S. 290.
There is city water on the property. The facility and house are on septic. The property has assignments from the city of 63 LUEs, with a potential of 30 additional LUEs, once the city sewer reaches it.
There is a gorgeous 16,006 SF facility recently vacated by a private school. The facility was formerly used as a memory care center, so it could be used for assisted living, memory care, rehab, mini-hospital, office, wellness center, or other. This facility has 17 rooms, 22 bathrooms (including 4 showers), a large dining room and kitchen, a large fitness room, plus many meeting rooms, waiting rooms, offices, and courtyards. This beautiful acreage is home to deer and other wildlife right in the heart of booming Dripping Springs, near Austin. The seller maintains a wildlife tax exemption. The property is zoned commercial and could potentially be used as multi-family. This property also includes a 2054 SF house, which is leased to a private school, and a large metal building with an office.
This property is optimally located with 22.7 acres and approximately 2,700' of frontage in very central Dripping Springs. The seller was once approached to build-to-suit a physical rehab center along Roger Hanks by a popular hospital. This could be a winning option for a section of the frontage, but many options are possible.
Owner/Broker.

Location

State TX

County Hays

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Exterior

Exterior Feature Lighting

Garage Circular Driveway,Parking Space(s),Handicap

Community Features Trails/Paths

Utilities Available Electricity Available

Amenities Available Trail(s)

Waterfront No

View Y/N Yes

View Meadow,Panoramic

Roof Type Composition,Metal,Shingle

Building

Story 1

Foundation Slab

Sewer Septic Tank

Schools

School District Dripping Springs Isd

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