| Description: |
A slightly irregular shaped parcel legally
subdivided into 3 lots each with a slightly sloping terrain. Located just south
of Leander Road (FM2243) between IH-35 and Luther Drive, this property wraps the
existing Comfort Inn and the Jack-in-the-Box on the west and south side.
Lot 2 contains 3.6 acres and fronts
Luther Drive. Owner is willing to create an access easement to the IH-35
frontage road. SEE RENDERING
Lots 3 & 4 each contain 1.0 acre and front the southbound
frontage road of IH-35. Per the recorded plat, access to the IH-35 frontage road
must be shared between Lots 3 & 4. |
| Legal: |
Lots 2 - 4, inclusive PW Properties Subdivision, Williamson County, Texas. |
| Zoning: |
The property is currently zoned "C-3", General Commercial. According
to the City of Georgetown's Century Plan, the property has been assigned a future
land use intensity level rating of 5. A rating of 5 is more than adequate for
retail development of the property. The City's Future Land Use Map assigns this
property development rights of "Office / Retail / Commercial". |
| Access: |
The property has approximately 330' of frontage on the
southbound frontage road of IH-35 and about 480' of frontage on Luther
Drive. |
| Traffic Counts: |
According to the 2004 TxDOT Highway Traffic Map,
IH-35 records average daily traffic trip counts of 80,000 VPD south of
FM 2243, with 82,000 VPD north of FM 2243. |
| Utilities: |
The City of Georgetown provides water, wastewater and
electric services to the property. Capacity is generally believed to be
sufficient for the commercial development of this tract, but cannot be
guaranteed until a projected land use is submitted to the City for
review. Telephone service is available from Verizon. Gas is supplied
by Atmos. |
| Environmental: |
Public records indicate the existence of suitable habitat for endangered karst
species throughout the southwest quadrant of Georgetown. Fish & Wildlife Service
of the U.S. Department of the Interior would have to make the final determination
of potential impact any development of the property might pose. The owner has
conducted no environmental survey of the property. This site sits on top of the
Edwards Aquifer Recharge Zone and will require a Water Pollution Abatement Plan.
Stormwater runoff will need to meet or exceed requirements set forth by the Texas
Commission on Environmental Quality Regulations. Construction activity resulting
in the addition of impervious cover within the subdivision will be required to
obtain a pollution abatement plan prior to the issuance of building permits. |
| Comments: |
This property is offered for sale in its "AS IS, WHERE IS" condition.
Contact broker for a more comprehensive marketing package or to make an appointment
to discuss the property. |
