Commercial Development Opp in TX Innovation Corridor
± 8.63 Acres | I-35 and Waterstone Blvd, Kyle, TX
Marketing description
±8.63-Acre Commercial Development Site | I-35 & Waterstone Blvd | Kyle, TX
Situated at the intersection of Interstate 35 and Waterstone Boulevard in Kyle, Texas, this ±8.63-acre site offers exceptional visibility and access along one of the most active growth corridors in Central Texas. The property consists of two parcels totaling 8.63 acres of fully developable land with zero floodplain, environmental, or tree mitigation constraints and a gentle 4% slope across the entire tract.
The site fronts the NB I-35 Frontage Road with ±116,773 vehicles per day and benefits from three points of access via the I-35 Frontage Road, Post Road, and Waterstone Boulevard, with existing concrete driveways already in place. City of Kyle water and sewer service is available at the property, with multiple line sizes running along all three frontages and a CIP-programmed 24" water upgrade on Post Road scheduled for 2026.
Currently zoned W (Warehouse) with a future land use designation of Regional Commercial, the property is well-positioned for a range of commercial, industrial, or mixed-use development. The surrounding trade area is experiencing rapid transformation, with more than 10,000 new homes under construction or planned across several master-planned communities within the immediate area, anchored by major employers including Tesla, Amazon, and Ascension Seton Hays Hospital.
Located within the Texas Innovation Corridor between Austin and San Antonio, Kyle is one of the fastest-growing cities in the United States. The 3-mile average household income is $125,656, with a projected 22% population increase over the next five years.
Investment highlights
High-Traffic I-35 Corridor Direct frontage on the NB I-35 Frontage Road with ±116,773 vehicles per day and three existing points of access via I-35 Frontage Road, Post Road, and Waterstone Blvd.
Fully Developable Site 100% developable acreage with zero floodplain impact, no wetlands, no environmental constraints, and no tree mitigation required. Gentle 4% slope across the entire tract with a Landstack development score of 89/100.
Utilities On-Site City of Kyle water and sewer available at the property across all three frontages. CIP-programmed 24" water upgrade on Post Road scheduled for 2026.
Explosive Residential Growth More than 10,000 new homes under construction or planned within the immediate trade area across Waterstone, Blanco Vista, Six Creeks, Paramount, and CityPoint — creating immediate and sustained demand for commercial services.
Major Employment Anchors Tesla's parts distribution hub, Amazon's 5,000+ employee operations, and the expanding Ascension Seton Hays medical campus are all located within close proximity, driving a high-income daytime population throughout the corridor.
Strong Demographics 3-mile average household income of $125,656 with a projected 22% population growth over the next five years. The 1-mile population is projected to grow 35% — one of the strongest growth rates in Texas.
City of Kyle Incentives Qualifying projects may be eligible for a first-year tax rebate, Chapter 380 economic development agreement, and property tax abatement on new value created — meaningfully reducing cost basis for commercial developers.
Texas Innovation Corridor Located between Austin and San Antonio along I-35, Kyle is one of the fastest-growing cities in the U.S. By 2045, 53% of the Austin–San Antonio corridor population is projected to live within 5 miles of I-35.
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