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East Whitestone (1431) - Shops at Toro Grande

0.52 - 14.8 Acre Commercial Land Lots Offered at $679,536 - $8,200,000 Per Lot in Cedar Park, TX 78613

INVESTMENT HIGHLIGHTS

  • Major corner at lighted intersection!
  • Located in the rapidly growing city of Cedar Park, which has multiple developments on the horizon such as Perfect Game, Shop LC, and Indigo Ridge.
  • Pad delivery with stormwater stubbed to the sites, off-site detention and interior access driveways.
  • The seller is considering subdividing pads as small as .5 acres, and there is a 1.5-acre pad for hotel near the new sports facility.
  • Direct access to Whitestone!
  • Rare industrial zoning available for a proposed 187,000 square feet.

EXECUTIVE SUMMARY

This 22.49-acre tract is a prime commercial and industrial opportunity in the rapidly growing city of Cedar Park. The property is centrally located between the new Perfect Game sports facility and Indigo Ridge, the massive mixed-use development. The New Hope Road Extension project is also expected to complete by fall of 2024, which will give City residents an alternative North or South route from Parmer Lane.
The industrial lot is now back on the market. The remaining 6.35 acres is zoned General Business (GB), perfect for retail, gas station, restaurants, medical, office, hotel, and much more. The sellers are open to entertaining the sale or built-to-suit lease of pads as small as .5 acres.
The Seller is currently processing a shared improvement site plan to address drainage for both the LI and
GB land as well as the shared access point from Toro Grande. Estimated approval for the site plan is Q1 2025.

PROPERTY FACTS

Price $679,536 - $15,887,036
Sale Type Investment or Owner User
No. Lots 6
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Bank
  • Bar
  • Convenience Store
  • Department Store
  • Distribution
  • Fast Food
  • Health Club
  • Hotel
  • Industrial Park
  • Medical
  • Restaurant
Total Lot Size 21.08 AC
Cross Streets Toro Grande Blvd.

6 LOTS AVAILABLE

Lot 1

Price $2,242,500
Price Per AC $1,437,500.00
Lot Size 1.56 AC

UNDER CONTRACT. 1.56-acre gas station/c-store site.

Lot 2

Price $679,536
Price Per AC $1,306,800.00
Lot Size 0.52 AC

PENDING. 0.52-acre QSR.

Lot 3

Price $1,120,000
Price Per AC $1,333,333.33
Lot Size 0.84 AC

PENDING. 0.91-acre retail pad.

Lot 4

Price $1,935,000
Price Per AC $1,045,945.95
Lot Size 1.85 AC

1.85-acre hotel or retail site.

Lot 5

Price $1,710,000
Price Per AC $1,132,450.33
Lot Size 1.51 AC

1.51-acre retail site.

Lot

Price $8,200,000
Price Per AC $554,054.05
Lot Size 14.80 AC

14.8-acre platted industrial lot with two buildings proposed of just under 190,000 square feet total.

DESCRIPTION

Located at the lighted northwest corner of Whitestone Blvd. and Toro Grande in Cedar Park, this 22.49-acre tract is centrally positioned between the new Perfect Game sports facility at Ronald Reagan and New Hope Road and the massive mixed-use development Indigo Ridge on the 155 acres south of New Hope and West of Sam Bass Road. Once this road is complete, the remainder of Toro Grande can be finished giving City residents an alternative route from Parmer lane to go north or south.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R318983
  • R396440
  • R314530
Land Assessment
$5,429,884
Improvements Assessment
$0
Total Assessment
$5,429,884

ZONING

Zoning Code GB and LI (The front portion of the property is zoned General Business (GB) and is 6.35 acres. The back 14.8 acres is zoned Limited Industrial (LI).)
GB and LI (The front portion of the property is zoned General Business (GB) and is 6.35 acres. The back 14.8 acres is zoned Limited Industrial (LI).)
  • Listing ID: 29069424

  • Date on Market: 7/21/2023

  • Last Updated:

  • Address: East Whitestone (1431), Cedar Park, TX 78613

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