This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Gas Station with shopping plaza-Shovel Ready 2687 FM 685
14,500 SF 100% Leased Retail Building Hutto, TX 78634 $2,500,000 ($172/SF) 20.96% Cap Rate
Investment Highlights
- Shared driveway access with 336 luxury apartments
- Reapidly growing daily vehicle count on I-130
- Next to retail center & medical building
Executive Summary
- 4,500 sq ft gas station with an integrated Taqueria with 5 MPDs.
- 9,000 sq ft of rentable retail space with drive-thru.
- 1,500 sq ft office/apartment building.
Sales Price includes the land & permits.
This exceptional development site is part of CSW development project & is strategically positioned within the rapidly expanding 130 Crossing project in Austin, led by CSW.
- 336 luxury apartments behind the property with shared driveway access.
- Proposed retail center coming next to it
- The medical building behind the property with shared driveway access is under construction.
The site benefits immensely from its proximity to major employers and infrastructure:
- 10-15 minutes from the Tesla Gigafactory: Capitalizing on the high-growth employment base and associated consumer demand.
- 10-12 minutes from the future Samsung headquarters: Positioning the development at the heart of a burgeoning technology hub.
- Located on the hard corner of NEQ CR 138 (Southeast Loop) and TX 130: Providing excellent visibility and direct access to major transportation arteries.
Furthermore, the site is strategically located to capture the traffic generated by:
- Existing and future residential developments: Leveraging a growing population base.
- Retail traffic along TX 130: Benefiting from existing and future consumer activity.
- Feeder traffic from TX 130: Capitalizing on the high volume of traffic utilizing this major thoroughfare.
The Southeast Loop, where the site resides, is specifically designed to accommodate the significant traffic growth anticipated with the arrival of the Samsung headquarters on Highway 79.
Property Facts
About 2687 FM 685 , Hutto, TX 78634
This exceptional development site is part of CSW development project & is strategically positioned within the rapidly expanding 130 Crossing project in Austin, led by CSW. - 336 luxury apartments behind the property with shared driveway access. - Proposed retail center coming next to it - The medical building behind the property with shared driveway access is under construction. The site benefits immensely from its proximity to major employers and infrastructure: - 10-15 minutes from the Tesla Gigafactory: Capitalizing on the high-growth employment base and associated consumer demand. - 10-12 minutes from the future Samsung headquarters: Positioning the development at the heart of a burgeoning technology hub. - Located on the hard corner of NEQ CR 138 (Southeast Loop) and TX 130: Providing excellent visibility and direct access to major transportation arteries. Furthermore, the site is strategically located to capture the traffic generated by: - Existing and future residential developments: Leveraging a growing population base. - Retail traffic along TX 130: Benefiting from existing and future consumer activity. - Feeder traffic from TX 130: Capitalizing on the high volume of traffic utilizing this major thoroughfare. The Southeast Loop, where the site resides, is specifically designed to accommodate the significant traffic growth anticipated with the arrival of the Samsung headquarters on Highway 79.
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R325497 | Improvements Assessment | $161,439 |
Land Assessment | $1,664,052 | Total Assessment | $1,825,491 |
PROPERTY TAXES
Presented by
Sekhon Investments LLC
Gas Station with shopping plaza-Shovel Ready | 2687 FM 685
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.