290 US HWY 290 E 290 S I T E Lighted Intersection Kurt - PDF document

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For Sale: Elgin Commercial Property SUMMARY 44.69± Acres on US Hwy 290 Location: Located on the south side of US Highway 290 East; just east of County Line Road in Elgin, TX, approximately 20 miles east of Austin. Frontage: Approximately 2,985 feet of frontage on the south side of US Highway 290. US Highway 290 runs from the Texas Hill Country, through Austin, to Houston. Access: Curb cut will be allowed ofg of US Highway 290 for the property. Area Development: In addition to the ACC campus, now open across US Highway 290 from the site, a Walmart Supercenter is now open approximately ½ mile to the east. This 150,000 square foot store employs 300+ associates, at the corner of US Highway 290 and Saratoga Farms Boulevard. Jurisdiction: The property is within the city limits of Elgin; most of the property is in Bastrop County, a very small portion of the tract may be in Travis County. Utilities: Aqua Water Supply Corp. and the City of Elgin will provide water and wastewater service. There is a 24 foot sewer line that runs through the tract. (See map in marketing brochure.) A 12 foot water line runs along the south side of US Highway 290 frontage. Natural gas is in the area and is provided by Center Point; TXU is the electric service provider. Environmental: According to City of Elgin stafg, no endangered species or other extraordinary environmental features afgect the property. Flood Plain: The property is impacted by the FEMA 100-year fmood plain. (See topographical aerial map.) The owners have not conducted an on-the-ground fmood plain study. Traffjc Counts: According to CTRMA the Average Daily 2012 Traffjc Count on US Highway 290 at County Line Road was 23,000 cars per day. Population: Population within a 10-mile radius of the subject property is 39,083 with an average household income of $69,276. (2013) Highest & Best Use: This property is ideally located for commercial development, including fjnancial institutions, medical uses, motels, and retailers. Pricing: Call Broker for information. For More Information Contact: Kurt VanderMeulen Joyce Jane Weedman Senior Vice President Senior Vice President kurt@cipaustin.com | 512 682 1025 joyce@cipaustin.com | 512 682 1021 main 512 682 1000 | fax 512 682 1031 cipaustin.com 06.13.18 529.428001 All information furnished regarding this property is from sources deemed reliable; however, 512 682 1000 CIP Austin has not made an independent investigation of these sources and no warranty or representation is made by CIP Austin as to the accuracy thereof and same is submitted subject 3737 Executive Center Dr., Suite 255 to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal from market without notice. CIP Austin further has not made and shall not make any warranty or Austin, TX 78731 representations as to the condition of the property nor the presence of any hazardous substances cipaustin.com or any environmental or other conditions that may afgect the value or suitability of the property.