GRANITE MOUNTAIN CENTER
Retail
Marketing description
An exceptional, de-risked investment opportunity to acquire 3.1 acres of commercial land (1.5 acres entitled). Perfectly positioned along the increasingly high-traffic RM 1431 corridor in the rapidly developing Texas Hill Country. All major pre-development hurdles have been cleared: zoning, utility access, and comprehensive civil engineering are 100% complete.
The site features an approved 11,000+ SF neighborhood retail center design, allowing an incoming developer to bypass municipal delays and pull building permits immediately. Additionally, the property features an approved TABC (Texas Alcoholic Beverage Commission) license tied to the location, which drastically maximizes the site's viability for premium food, beverage, entertainment, or convenience concepts.
Investment highlights
- Civil Plans Complete & Shovel Ready - Shovel-ready commercial site on RM 1431 in Granite Shoals, TX. 11,640 SF of retail approved.
- Additional Land for Development - The remaining 1.6 acres for future development. Creating an immediate value-add.
- Under-Supplied Retail Trade-Area - Positioned right in the heart of the Highland Lakes trade-area, where retail supply is underserved.
- Multiple Resort Communities Proposed - Developers proposing a 463-acre Resort-Lifestyle Community on RM 1431 near the city of Marble Falls.
- Prime Location & Frontage on RM 1431 - Daily traffic count on RM 1431 is 16,952. Multiple TXDoT-approved entrances. Large signage in place.
- High-Growth & Quality Affluent Market - Highland Lakes Region's trade area is over 120,000 people, who generate more than $3M daily in gross sales.
- City Water on Site, Approved Septic - An existing 900-gal septic system on site. Fully approved engineered plans for a larger system for retail center.
- All Plans Approved by TXDoT & LCRA - TXDoT approved driveway and parking plans for retail. Zoning: GB-2 Commercial.
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