Consisting of two properties totaling 6.43 acres, both Properties offer exceptional development fundamentals. Lot 1 features direct frontage along Ranch Road 620, one of Lakeway’s largest arterial highways with over 45,000 vehicles per day. The hard corner provides excellent visibility and access to each Property. Lot 4 features exceptional ingress/egress along Medical Drive to both RR 620 and Lohmans Crossing Dr. There is a complete lack of land with direct or partial frontage along RR 620, in addition to this, impervious cover requirements further limit competing development
HFF is pleased to offer the unique opportunity to purchase two parcels of land 620 & Lohmans Crossing (The “Property”) in Lakeway Austin encompassing 6.43 combined acres with ample visibility from Ranch Road 620. The Property consists of two separate tracts, (Lot 1 and Lot 4). Positioned at the epicenter of prestigious suburbs such as Lakeway, Bee Cave, and Steiner Ranch, the Property boasts an impressive neighboring retail lineup, including HEB, Randall’s, Starbucks, Taco Bell, Torchy’s Tacos, in addition to other first-class retail options. With these nearby customer drivers as well as over 45,000 vehicles a day traveling, the Property is positioned to offer an ideal location for both retail and office developers. This offers tremendous potential for investors to acquire two prime tracts of land in one of Austin’s most esteemed suburbs.