Saratoga Farms Blvd, Elgin, TX
Land | 3.25 acres
Marketing description
Tucked away in the outskirts of Austin, Elgin is growing steadily. Austin's growth is moving quickly east thru Manor to the benefit of Elgin, its businesses and residents. Acc to the City's website, Elgin has a lower unemployment rate than the national average and expects future job growth over the next 10 years of 47.2%. This site lies in the heart of Elgin, next to the Super Walmart, and behind Southside Market and Barbeque off the busy W Hwy 290. The site also lies in a Federally designated "Opportunity Zone". The site has a variety of Commercial and Retail uses, and the City is open to rezone to a more intensive commercial zoning, or even a PUD, as long as the planned use is in sync with the City's long term Land Plan. Join HEB, Super Walmart, Spec's, Starbucks, QuikTrip, First National Bank of Bastrop, CVS Pharmacy, Frontier Bank, Sonic, and Panda Express among others in this busy corridor of Elgin off Hwy 290.
Investment highlights
- Price: $12/sf
- Zoning: C-1, allows for bank, retail shop, medical facility, office, pharmacy, and more. City would entertain a more intensive commercial zoning like C-3, or a rezone to PUD, adhering to city’s long term land use plan.
- Topography: Slightly sloping
- Flood Hazard: No part of the site lies within the 100 year floodplain.
- Jurisdiction: City of Elgin
- Utilities: All utilities are available to the site.
- Frontage: Fronts Saratoga Farms Blvd, the entry to Saratoga Farms, a residential development currently being built out with 257 residential lots.
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