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IH-35 - Fontana 13.52 Acres of Commercial Land Offered at $12,146,352 CAD in Georgetown, TX 78628
Investment Highlights
- Exceptional visibility along Interstate 35
- Near Costco, Lowe's, Amazon, HOLT CAT
- Relatively flat topography with gentle slope
- 0.4 miles south of Exit 262
Executive Summary
Rare opportunity to acquire ±13.52 acres with 448 feet of direct IH-35 frontage at Airport Road, just 0.4 miles south of Exit 262 and three-quarters of a mile south of the Costco and Lowe's anchor. Positioned in one of the fastest-growing corridors in Central Texas.
KEY VALUE DRIVERS
• IH-35 Frontage & Assemblage Potential: 448 feet of direct frontage on one of Texas's busiest commercial corridors. Seller also owns the adjoining ±70-acre tract — qualified buyers may inquire about acquiring the full ±83-acre assemblage.
• Strong Retail Co-Tenancy: 0.75 miles from Costco and Lowe's; benefits from established traffic patterns and surrounding rooftops.
• Utilities at the Site: 6" and 8" water lines along the north boundary; 8" sewer line approximately 450 feet north.
• Urban Mixed-Use Future Land Use: City of Georgetown's Future Land Use Plan designates the site Urban Mixed Use — supports a balanced mix of residential and commercial uses and provides a strong policy foundation for rezoning.
• Clean Site: Not in the 100-year FEMA floodplain. Relatively flat with gentle slope.
• No Rollback Tax Risk: Property is taxed at full market value.
• Recent Survey: October 2018 (Diamond Surveying).
LOCATION
Airport Road & IH-35, Georgetown, TX (Williamson County) — one of the fastest-growing counties in the U.S.
PRICE
$15.00 per square foot (gross acreage) — $8,833,968
TRANSACTION TERMS
Current zoning is Single-Family Residential; rezoning to be pursued by Buyer based on intended use, with Seller's reasonable cooperation. Seller will not pursue rezoning. Seller will reserve water, wastewater, and storm water outfall easements across the property to serve the adjoining ±70-acre tract (locations finalized during feasibility). Buyer required to engage Seller's civil engineer, Tony Prete, for all civil work. TREC contract preferred.
Feasibility: 180 days with $10,000 non-refundable earnest money (credited to purchase price). Two additional 90-day extensions available at $10,000 each, also credited. Buyer responsible for all due diligence. Well-capitalized buyers only; early engagement with the City of Georgetown strongly encouraged.
Contact: Tyler Wolf | 512-966-0117 | Tyler@WolfInvestmentGroup.com
Property Facts
1 Lot Available
Lot
| Price | $12,146,352 CAD | Lot Size | 13.52 AC |
| Price Per AC | $898,398.83 CAD |
| Price | $12,146,352 CAD |
| Price Per AC | $898,398.83 CAD |
| Lot Size | 13.52 AC |
±13.52 AC hard corner at Airport Rd & IH-35 w/ 448' IH-35 frontage. Flat, treed, outside floodplain. Water & sewer near. Zoned SF Res; FLU Urban Mixed Use. Seller owns adjoining ±70 AC—also available for assemblage.
Description
±13.52 Acres | 448' of IH-35 Frontage | Georgetown, TX Prime hard-corner development opportunity at Airport Road & IH-35 in one of Central Texas's fastest-growing submarkets. The site offers 448 feet of direct IH-35 frontage and sits just 0.4 miles south of Exit 262 and 0.75 miles south of Costco and Lowe's. Highlights: - ±13.52 acres with 448' of IH-35 frontage - 0.4 mi south of Exit 262; 0.75 mi south of Costco/Lowe's - Seller owns adjoining ±70 acres to the southwest — also available; potential for larger assemblage - Future Land Use: Urban Mixed Use (dense, pedestrian-friendly mix of residential and nonresidential) - Current zoning: Single-Family Residential — Buyer to pursue rezoning with Seller's reasonable cooperation - Water: 6" & 8" lines along north boundary - Sewer: 8" line ±450' north - Outside FEMA 100-year floodplain - Relatively flat topography with gentle slope and tree cover - Taxed at full market value — no rollback taxes - Recent survey available (Diamond Surveying, Oct 2018) Price: $15.00/SF gross — $8,833,968
Presented by
IH-35 - Fontana
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