Listed by Coldwell Banker Commercial - Alamo City
$895,500
23541 FM 306
Details
Property Type Mixed Use, Land
Sub Type Commercial, Industrial
Square Footage 6,000
Buildings 1
Stories 1
Acreage 5.330
Zoning OCL
Investment Type Owner/User
+/-5.33 AC & 6,000 sqft Building - FM 306 CANYON LAKE
Marketing description
Prime Commercial Land & Building +/- 5.33 Acres on FM 306 | Income-Producing Opportunity Near Canyon Lake
Property Description:
Discover a rare opportunity to own +/-5.33 acres of commercial land improved with a 6,000 SF metal building along high-traffic FM 306. Positioned minutes from Canyon Lake, this property sits amid a thriving area of new residential construction and upscale communities, making it ideal for future growth and development.
The property’s frontage and visibility along FM 306 create strong potential for a variety of uses—whether as a commercial, retail, or mixed-use development, or as an owner-user site. In addition to its development flexibility, the property currently generates recurring monthly income from an existing sign lease, offering immediate return while planning future improvements or redevelopment.
With its strategic location, excellent exposure, and steady local expansion, this asset provides a compelling balance of short-term income and long-term appreciation potential in one of the Hill Country’s most desirable markets
Investment highlights
- Prime Investment Opportunity – +/-5.33 Acres on FM 306 | Income-Producing Commercial Property Near Canyon Lake
- Property Overview: Outstanding opportunity to acquire +/-5.33 acres of commercially zoned land featuring a 6,000 SF metal building with 560 linear feet of FM 306 frontage. Located minutes from Canyon Lake, this property benefits from strong traffic counts, excellent visibility, and proximity to high-end residential neighborhoods and new developments fueling rapid area growth.
- Currently generating monthly income through an existing sign lease, this asset offers both immediate cash flow and significant upside potential for future development or owner-user occupancy.
- Property Highlights:
- Land Size: +/-5.33 Acres (Outside Floodplain)
- Building: 6,000 SF Metal Structure (formerly archery range)
- Frontage: 560 Linear Feet on FM 306 – high-traffic commercial corridor
- Location: Near Canyon Lake, surrounded by upscale neighborhoods & new residential communities
- Income: Existing sign lease provides recurring monthly revenue
- Zoning & Uses: Ideal for commercial, retail, or mixed-use development
- Investment Appeal: Strong visibility, growing market, and long-term value appreciation potential
- Investment Summary: This property is well-positioned for investors, developers, or owner-users seeking a strategic foothold in one of Canyon Lake’s fastest-growing corridors. With current income and flexible development potential, it represents an excellent opportunity to capitalize on continued regional expansion and increasing traffic along FM 306.
Listing Contacts
Listed by Coldwell Banker Commercial - Alamo City
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