Asking Price: $1,250,000
Building Size: 2,808 SQ FT
Lot Size: 113256
Cost per Square Foot: $445.16
Great Development Opportunity for low density Offices, or Multi-Family in the heart of Round Rock. This landmark property is 2.6 AC with utilities readily available and stubbed to the property. Property can be rezoned to OF-1 (General Office), or MF-1 (Multifamily-Low Density), or TH (Townhouse) at Buyer’s choice. Seller will deliver the property zoned with one of these zones at Buyer’s option. The landmark Peterson house built in 1995 can be removed or incorporated into a development plan. The flat topography and strong demographics of Round Rock, near downtown, makes this property a phenomenal development opportunity.
Key Points: 2.6 AC for Development for Multi-Family, Townhomes or Office Buildings Landmark Property close to downtown Round Rock $33,000/Year Gross Income Utilities to property Potential Uses are Multi-Family, Townhomes, Office or Specialty Uses under the OF-1 Zoning Currently Produces Income to Offset Carry Costs Existing 2800+SF of Improvements with potential Commercial Uses