Dripping Springs, TX 78620,26228 Ranch Road 12

$1,100,000

Est. payment /mo
Est.Price: ?

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26228 Ranch Road 12 Dripping Springs, TX 78620

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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Listed by Keller Williams Realty
Bought with Non Member

Carrie Yeager

Advisor | License ID: 720195

+1(646) 522-4901

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