The Property is within the Elgin Business Park, a 90± acre project owned by the City of Elgin EDC. The Property is within the TIRZ (Tax Increment Reinvestment Zone), which has triggered new roads and utility improvements that direct benefit the Property.
The site was nearly complete on entitlements/permitting for a 100± bed nursing home with room to expand to 120+ beds, when the owner decided to sell the project. A Buyer could finish that plan and take over the project or change paths all together.
Size/Configuration: 6.03± acres. The Property is flat, buildable and a near square with approx. 510’ of frontage on Roy Rivers and 515’ deep.
Area Activity: The Property is immediately south of the new Ascension Seton Elgin Health Center, at the intersection of Roy Rivers Road and Lee Dildy Blvd. Lee Dildy Blvd. is a new road that connects to the HEB on Hwy 290.
Walmart, HEB, CVS, and the famous Southside Market & BBQ are all less than 1-mile from the Property and can be accessed without traveling on Hwy 290.
The 90+ acre Austin Community College campus is 4 minutes from the Property, on Hwy 290 at County Line Road.
Zoning: C-3 / I (General Industrial & Highway Commercial District)
Utilities: Water City of Elgin
Wastewater City of Elgin
Electric Options – Oncor & Bluebonnet
Asking Price: Call Broker