2201 High Road
±3.78 Acres For Sale | Commercial Land Fronting Wayside Subdivision
Marketing description
Franklin Street is delighted to introduce an exceptional ±3.78-acre parcel of land located in Kyle, Texas. This strategically positioned property boasts a prime frontage along the upcoming ±188-acre residential development, Wayside, presenting a lucrative opportunity for commercial development.
Nestled in an area undergoing remarkable economic expansion, the immediate vicinity is witnessing substantial growth with the ongoing development of 2.5 million square feet of retail and mixed-use space at the convergence of IH-35 and FM 1626. This development is set to introduce a myriad of new businesses and generate thousands of employment opportunities.
The property holds a distinct advantage with its proximity to Interstate 35, offering a mere 25-minute commute to Downtown Austin, and a swift 10-minute commute to both San Marcos and Buda. The strategic location positions the land as a promising investment, benefitting from the burgeoning economic activity in the region.
Situated just south of Austin, Texas, the city of Kyle has undergone remarkable growth and development in 2023, solidifying its status as a thriving community. With a population exceeding 56,500, Kyle is renowned for its high quality of life, low cost of living, and an array of recreational activities, making it one of the fastest-growing cities in the state.
As of 2021, the city has experienced a substantial surge in housing growth, marked by numerous residential developments and new housing projects. The demand for housing has played a pivotal role in driving the city’s population increase. Kyle’s commitment to accommodating this growth is evident in the ongoing investments in infrastructure projects, including road expansions and utility upgrades, designed to support the rising demand for services.
In response to the expanding population, kyle has witnessed notable developments in retail and commercial sectors. Beyond the mentioned 2.5 million square feet of retail/mixed-use space at the intersection of i-35 and fm 1626, the city has seen additional retail and commercial expansions aimed at meeting the evolving needs of its residents.
The city’s educational landscape has also evolved in 2023, with investments in educational infrastructure such as new schools and expansions of existing facilities to cater to the growing community. Moreover, cultural and recreational amenities have seen enhancements, including parks, community centers, and cultural institutions, contributing to an enriched quality of life for kyle residents.
The economic growth in kyle extends to the job market, with various sectors experiencing expansion and the emergence of new employment opportunities. This is complemented by ongoing efforts to enhance community services, encompassing healthcare facilities, public safety services, and other essential services to meet the demands of a burgeoning population.
In tandem with these developments, kyle continues to attract businesses and residents alike. The city’s strategic location, just 20 minutes from downtown austin, coupled with its economic vibrancy and community focus, makes kyle an ideal place to live, work, and play. Hays county is one of the fastest growing in the united states at a rate of approximately 5.1%.
Investment highlights
- Bulk sale is preferred but seller will consider subdivision in some cases
- Lot 1: sold - future c-store development
- Lot 2: 7.95 AC - Under Contract
- Lot 3: 3.78 AC
- Commercial lots front the wayside development (high-quality mixed residential development)
- 815 residential lots
- Open green space and trails
- Lower cost - higher value
- Downtown Kyle
- Skilled labor and low unemployment rate
- Austin - San Antonio corridor
- First year on us
- Life outdoors in the hill country
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