2.6 AC Development Opportunity

200 Twin Ridge DR, Round Rock, TX 78664

FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,250,000
Last Verified:
May 16, 2019

Highlights

  • 2.6 AC for Development | Multi-Family or Office Buildings
  • Landmark Property close to downtown Round Rock
  • $33,000/Year Gross Income
  • Utilities to property
  • Potential Users are Multi-Family, Office or Specialty Uses (Church or Daycare)
  • Currently Produces Income to Offset Carry Costs
  • Existing 2800+SF of Improvements with potential Commercial Uses

Description

Great Development Opportunity for Multi-Family or Office in the heart of Round Rock. This landmark property is 2.6 AC with utilities readily available and stubbed to the property. Property is in the process of getting rezoned to General Office (OF) and should be completed by Summer of 2019. The flat topography and strong demographics of Round Rock make this property a phenomenal development opportunity.

Within 1 mile of Round Rock CBD


Year Built: 1996
Building Size: 2808.0sq ft
Building Class: C
Lot Size: 2.6 acres

Map of 200 Twin Ridge DR, , Round Rock, TX, 78664

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.