W. New Hope Dr. Development Opportunity
Development opportunity on New Hope Dr. near Bell Blvd.
Marketing description
An exceptional commercial opportunity in the heart of Cedar Park’s rapidly expanding growth corridor. 203 W New Hope Dr consists of three adjacent lots totaling ~3/4 acre, currently occupied by New Hope Realty Group. The property sits at a high-traffic intersection with excellent visibility and immediate access to Bell Blvd (US 183), surrounded by mixed-use, retail, and service developments.
This opportunity has redevelopment potential. The City of Cedar Park has indicated a strong preference for commercial development that serves local residents and families. The parcel’s size and location make it ideal for:
• Drive-thru coffee or restaurant
• Boutique retail or neighborhood services
• Redevelopment into modern office/flex space
Rezoning to Neighborhood Business or Business District is consistent with the city’s Future Land Use Plan. Conversations with city officials have already begun. A convenience store is already adjacent with more than 6500 people per day.
Investment highlights
Freestanding commercial office building—formerly a church classroom—positioned at a high-traffic intersection in Cedar Park, offering prime visibility and redevelopment potential for retail, drive-thru, or flex office use.
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