Ronald Reagan Retail (Parmer Square Tract)

Highlights:

• Retail/General Business Zoning
• Hilltop Views allow for incredible location for General Office/Medical/Dental
• Utilities to Front
• Depth fits small retail strip and Mixed Use in the back
• Ronald Reagan Parkway is 1 of 3 No./So .freeways running through N/W Travis County/Austin MSA 25,000 VHPD (2018)
• Ronald Reagan renamed Parmer Lane South of SH 1431 (direct path to Apple HQ- $1B development)
• Consumer spending within 5 mile radius is over $2.7B
• Indigo Ranch Master Planned Mix Use Development 2 miles away

Description:

Assemblage of 6 tracts of land With 5 Driveways to be sold as one lot presents a great opportunity for a smart mixed-use & retail site. Southern (1st) Lot has a public assessment easement providing landowner to the rear access. Property is sloping upward to the back from the front and provides a unique opportunity to build a mixed use /retail strip with great views for 2 story buildings behind a stand one-story retail building or pad-sites. Commercial development in the area lags actual and projected household units within a 10 mile radius. (200,000 HH in 2020 and over 230,000 in 2025) Growth forecast in this corridor make it one of the highest in all of the Austin MSA.


Parmer Sq. Sec 1, Lots 1,2,3,4, 5, 6/PT, Acres 2.534, 2.262, 2.148,1.919, 4.226, 2.603 acres respectively

City Water main on frontage

Southern most lot, (14401 Ronald Reagan has an public access easement in lieu of the driveway for landowner access to properties to the west (rear) of the property.

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