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21732 State Highway 71 W
Spicewood, TX 78669
Investment Property with Land · Retail Property For Sale
Investment Highlights
- No Zoning or Impervious Restrictions
- 8 Minutes to Lakeway, 15 Minutes to Marble Falls
- Highway Frontage
- Permitting Through Travis County
- Addtl land for development
Executive Summary
11,100 SF building : Leased Investment Property. 10 year lease with Agroland Equipment & Sales. Yearly Escalations.
1 Acre engineered pad site with existing detention
2.27 acres surplus land for development
1 Acre engineered pad site with existing detention
2.27 acres surplus land for development
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,100 SF
Building Class
C
Year Built
1995
Cap Rate
7%
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
4.92 AC
Zoning
none - No zoning restrictions
Frontage
1,105’ on State Highway 71
Amenities
- Fenced Lot
- Freeway Visibility
- Air Conditioning
Property Taxes
| Parcel Number | 355473 | Improvements Assessment | $1,737,809 CAD |
| Land Assessment | $1,107,624 CAD | Total Assessment | $2,845,434 CAD |
Property Taxes
Parcel Number
355473
Land Assessment
$1,107,624 CAD
Improvements Assessment
$1,737,809 CAD
Total Assessment
$2,845,434 CAD
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