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1504 Mormon Mill Rd - 1504 Mormon Mill

0.72 Acres of Commercial Land Offered at $395,000 in Marble Falls, TX 78654

Investment Highlights

  • Fully Entitled Project
  • Great access and views
  • Center of Marble Falls

Executive Summary

Commercial Lot in the heart of Marble Falls: Entitled project with the City of Marble Falls conveys with the purchase; 2 buildings 2,800sqft & 2,100 sqft with 26 parking spaces. Prime location in town, close to Lake Marble Falls, Down Town and HEB/Home Depot. Allutilities are in place and ready for development. Possible uses include: Office, Medical, Retail, Shopping Center, Dining,... Veryaccessible from 281 and Mormon Mill. A gently sloping lot will keep development cost low. Amazing hill country views and sunsets fromthis property. Marble Falls is growing and undeveloped commercial lots are rarely available. Owner has Soil Analysis, Survey, and Topowill convey all of this information with an acceptable offer. Zoning information in associated documents. Priced far below independentappraisal and Burnet County Appraisal District values.

Property Facts

Price $395,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Medical
  • Restaurant
Total Lot Size 0.72 AC

1 Lot Available

Lot 2

Price $395,000
Price Per AC $548,611
Lot Size 0.72 AC

Commercial Lot in the heart of Marble Falls: Entitled project with the City of Marble Falls conveys with the purchase; 2 buildings 2,800sqft & 2,100 sqft with 26 parking spaces. Prime location in town, close to Lake Marble Falls, Down Town and HEB...

Description

Commercial Lot in the heart of Marble Falls: Entitled project with the City of Marble Falls conveys with the purchase; 2 buildings 2,800sqft & 2,100 sqft with 26 parking spaces. Prime location in town, close to Lake Marble Falls, Down Town and HEB/Home Depot. Allutilities are in place and ready for development. Possible uses include: Office, Medical, Retail, Shopping Center, Dining,... Veryaccessible from 281 and Mormon Mill. A gently sloping lot will keep development cost low. Amazing hill country views and sunsets fromthis property. Marble Falls is growing and undeveloped commercial lots are rarely available. Owner has Soil Analysis, Survey, and Topowill convey all of this information with an acceptable offer. Zoning information in associated documents. Priced far below independentappraisal and Burnet County Appraisal District values. The General Commercial District is primarily intended for nonresidential development along the City’s major thoroughfares in accordance with the vision set out in the Future Land Use Plan of the City’s Comprehensive Plan. These areas are intended to be developed with an auto-oriented character, which means that the view of the automobile is the predominant view from the street right-of-way. Additional design considerations, such as building orientation, form, architecture, and materials, front and street-side landscaping, parking lot landscaping and access management are used to improve the quality of development consistent with the vision set out in the City’s Comprehensive Plan. Permitted Land Uses: Business or Trade School College/University Community Assembly/Amenity Commercial Rec./Entertain. Food & Drink (general) Food & Drink (neighborhood) Full Service Hotel General Retail Sales Government Hospital Hotel, Extended Stay Large Scale Retail Sales/Service Limited Service Hotel Local/Neighborhood Utilities Medical Clinic Medical Office Office Passive Outdoor Recreation Personal Services Religious Assembly Shopping Center Restricted Land Uses: Animal Clinic or Services Bar or Night Club Brewery/Distillery/Winery Cemetery Commercial Parking Contractor Services Day-Care Center Education Heavy Equipment Retail Sales/Services Landscape Supply & Sales/Garden Center Light Industrial Services Office-Showroom Pawn Shop Self-Storage Special Event Venue Social Service Institution Utility Service Provider Vehicle Sales and Rentals Vehicle Services - Minor Conditional Uses: Aviation Uses Rotary Wing Car Wash Group Home Housing/Services for the Aging Provisional Housing Transportation Facilities Wireless Transmission Facilities Vehicle Gas/Fueling Station Vehicles Services - Major

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
68548
Land Assessment
$739,179
Improvements Assessment
$0
Total Assessment
$739,179

zoning

Zoning Code GC (The General Commercial District is primarily intended for nonresidential development along the City’s major thoroughfares; Auto-oriented.)
GC (The General Commercial District is primarily intended for nonresidential development along the City’s major thoroughfares; Auto-oriented.)
  • Listing ID: 32664847

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 1504 Mormon Mill Rd, Marble Falls, TX 78654

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