Sweetwater Commercial corner Site - Mathias Partners
Sweetwater Commercial corner Site West of Bee Cave on Highway 71
Bee Creek Road
Location:
At the intersection of Highway 71 and the newly extended western end of Pedernales Summit Parkway, approximately 6 miles west of Hill Country Galleria.
Size:
3.22 acres
Utilities:
Water, Wastewater & Electricity (Available)
Zoning:
None, Travis County, no-ETJ
Possible Uses:
Including but not to limited Gas Station, Restaurant, Bank, Daycare, Office or Retail (Drive-Thru allowed)
Price:
$1,500,000
Offered exclusively by:
505 W. 15th Street Austin, Texas 78701 For additional information, please contact: Jerry Smith (512) 637-6953 [email protected] Matt Mathias (512) 637-6951 [email protected]
The information contained herein has been obtained from sources deemed to be reliable; however, Mathias Partners makes no guarantees, warranties, or representations as to the accuracy thereof. All information is presented subject to changes in price, corrections, errors, omissions, prior sale, or withdrawal without notice. The summaries included herein are not to be considered complete, accurate, and total representations of the facts surrounding the property. Interested parties should conduct their own independent analysis.
SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Executive Summary LOCATION:
This 3.22 acre tract is on the southwest “hard” corner of Highway 71 and the western end of Pedernales Summit Parkway, at the entrance to the Sweetwater master planned community by Newland Communities. Upon completion, Sweetwater will include approximately 1,550 single family homes. To date, nearly 900 lots have been developed and they are selling at a pace of approximately 150 lots per year. Homes in Sweetwater generally sell in the $300k to $800k range with a few selling at over $1,000,000.
DEVELOPMENT ADVANTAGES:
This site is outside the city limits and is not subject to city zoning or entitlement processes. Possible uses such as a gas station or restaurant with a drive through are allowed on this tract while most other tracts in the area do not allow such uses per the City of Bee Cave and Lakeway’s development codes.
SIZE:
+3.22 acres
ZONING:
None, Travis County, no-ETJ
IMPERVIOUS COVER: 80% (LCRA Highland Lakes Water Ordinance) UTILITIES:
Water, Sewer and Electric adjacent to site
TRAFFIC COUNTS:
Hwy 71 East of Vail Divide—23,930 VPD Source: TxDot District Traffic Map
TRADE AREA:
DEMOGRAPHIC SUMMARY:
2015 Households 2020 Households 2015 Avg HH Inc 2020 Avg HH Inc 2015 Population 2020 Population % Pop Grwth 2015-2020
3 MILE 4,117 4,763 137,722 139,989 10,250 11,866 16%
5 MILE 11,323 13,047 146,542 148,811 28,279 32,578 15%
Source: CoStar
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SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Area Map
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SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Survey
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SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
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Bee Creek Road
Location:
At the intersection of Highway 71 and the newly extended western end of Pedernales Summit Parkway, approximately 6 miles west of Hill Country Galleria.
Size:
3.22 acres
Utilities:
Water, Wastewater & Electricity (Available)
Zoning:
None, Travis County, no-ETJ
Possible Uses:
Including but not to limited Gas Station, Restaurant, Bank, Daycare, Office or Retail (Drive-Thru allowed)
Price:
$1,500,000
Offered exclusively by:
505 W. 15th Street Austin, Texas 78701 For additional information, please contact: Jerry Smith (512) 637-6953 [email protected] Matt Mathias (512) 637-6951 [email protected]
The information contained herein has been obtained from sources deemed to be reliable; however, Mathias Partners makes no guarantees, warranties, or representations as to the accuracy thereof. All information is presented subject to changes in price, corrections, errors, omissions, prior sale, or withdrawal without notice. The summaries included herein are not to be considered complete, accurate, and total representations of the facts surrounding the property. Interested parties should conduct their own independent analysis.
SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Executive Summary LOCATION:
This 3.22 acre tract is on the southwest “hard” corner of Highway 71 and the western end of Pedernales Summit Parkway, at the entrance to the Sweetwater master planned community by Newland Communities. Upon completion, Sweetwater will include approximately 1,550 single family homes. To date, nearly 900 lots have been developed and they are selling at a pace of approximately 150 lots per year. Homes in Sweetwater generally sell in the $300k to $800k range with a few selling at over $1,000,000.
DEVELOPMENT ADVANTAGES:
This site is outside the city limits and is not subject to city zoning or entitlement processes. Possible uses such as a gas station or restaurant with a drive through are allowed on this tract while most other tracts in the area do not allow such uses per the City of Bee Cave and Lakeway’s development codes.
SIZE:
+3.22 acres
ZONING:
None, Travis County, no-ETJ
IMPERVIOUS COVER: 80% (LCRA Highland Lakes Water Ordinance) UTILITIES:
Water, Sewer and Electric adjacent to site
TRAFFIC COUNTS:
Hwy 71 East of Vail Divide—23,930 VPD Source: TxDot District Traffic Map
TRADE AREA:
DEMOGRAPHIC SUMMARY:
2015 Households 2020 Households 2015 Avg HH Inc 2020 Avg HH Inc 2015 Population 2020 Population % Pop Grwth 2015-2020
3 MILE 4,117 4,763 137,722 139,989 10,250 11,866 16%
5 MILE 11,323 13,047 146,542 148,811 28,279 32,578 15%
Source: CoStar
Page 2
SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Area Map
Page 3
SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Survey
Page 4
SWEETWATER COMMERCIAL CORNER SITE WEST OF BEE CAVE ON HIGHWAY 71
Page 5
