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!
Lakeway Dr. - 5.565AC by Airport/Costco
5.56 Acres of Commercial Land Offered at $1,798,922 in Georgetown, TX 78628
Investment Highlights
- Owner-Financing Available
Executive Summary
Wastewater coming in 2025 and is included with sale price. Next door 5AC owner-user is building 15K sf warehouse with an additional, est. 10K sf for future expansion. Wide variety of uses available, see attached Permitted Use Chart. Up to 60' height capability.
Each of the two (2) lots at the site will be independent of each other regarding entry driveway and detention. Detention will be situated at the front left and driveways in the right half of each lot along the roadway. Current estimates for the fire-exit driveway are to be shared on the dividing property line, to be confirmed with the approved site plan of the next door 5AC owner.
Est. 100+AC's of mixed-use development along the opposite side of Lakeway Dr. being planned. Future density and traffic plans will be accommodated by the City's road-widening enhancements for Lakeway Dr., which will new include signal lights. Close to everything: Airport, Costco, I-35, Toll Road 130, Hwy 29, Williams Dr., Wolf Ranch Town Center, hospitals, education centers, retail, restaurants, business services and large/numerous subdivisions.
Property Facts
1 Lot Available
Lot
| Price | $1,798,922 | Lot Size | 5.56 AC |
| Price Per AC | $323,547 |
| Price | $1,798,922 |
| Price Per AC | $323,547 |
| Lot Size | 5.56 AC |
Owner-Financing Available, 5.565AC, Light Industrial zoning. Adjacent to Airport & near new Costco at I-35/Lakeway Dr., Water/Electricity stubbed at site, Wastewater coming in 2025 and is included with sale price.
Description
Owner-Financing Available Very active Lakeway Dr. corridor, new and large developments being situated all around this site with medical, retail, office and industrial uses. Good road systems for ingress/egress and is est. 2.5 miles from where I-35 and Toll 130 merge. Titan Development has two major industrial campuses: one is on the north side of where the new Costco is located and the other is at the SE corner of I-35/Inner Loop (Lakeway Dr. becomes Inner Loop on the East side of I-35). Berry Creek Crossing's 50AC mixed-use project will be at the corner of I-35/Toll 130. Close to everything: Airport, Toll 130, I-35, Hwy 29, Williams Dr., Wolf Ranch Town Center, hospitals, education centers, retail, restaurants, business services and large/numerous subdivisions. See attached documents for additional site information.
PROPERTY TAXES
| Parcel Number | R583643 | Improvements Assessment | $0 |
| Land Assessment | $1,038,808 | Total Assessment | $1,038,808 |
PROPERTY TAXES
zoning
| Zoning Code | LI (Light Industrial, see Permitted Use chart for quick reference, wide variety of uses possible) |
| LI (Light Industrial, see Permitted Use chart for quick reference, wide variety of uses possible) |
Presented by
Ferris Commercial Real Estate
Lakeway Dr. - 5.565AC by Airport/Costco
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.