PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
leadcommercial.com2007 S. 1st Street, Ste. 102Austin, TX 78704512.467.2222
BEE CAVE COMMERCIAL FOR SALE
SITE
The City of Bee Cave is rich in history.The area derived its name from the colonies of Mexican honeybees that lived in the banks of Barton Creek and Little Barton Creek that encompassed a large area of Western Travis County. The unemployment rate in Bee Cave is 3.70 percent. Recent job growth is positive with a growth rate of 2.82 percent. Future job growth over the next ten years is predicted to be 41.90 percent. Since 2000, the City of Bee Cave has had a population growth of 194.22 percent. For transportation, the average commute time is 26 minutes. The median home cost in Bee Cave is $436,000 and home appreciation the last year has been 11.80 percent.
71
N
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
LOCATION
SIZE
UTILITIES
ZONING
ASKING PRICE
TRAFFIC COUNT
FRONTAGE
IMPERVIOUS COVER
BEE CAVE COMMERCIAL FOR SALE
The site is located along West State Highway 71 within the City of Bee Cave, Texas. Conveniently 2 miles west of the Hill Country Galleria, 1 mile from Bee Cave Elementary School at Hamilton Pool Road, and 3.5 miles from Lakeway Regional Medical Center and Lake Travis High School located on RR 620.
Two (2) acres or 87,120 SF.
The West Travis County Public Utility Agency (WTC-PUA) and Travis County Water Control and Improvement District 17 (WCID 17) provide water and wastewater service to the majority of properties in Bee Cave. The site has access to wastewater that runs along the back property line. Water service is being extended to the adjacent property to the east for a self-storage development that will create accessibility within close proximity to the subject tract.
The Property is located within the PUA's water C.C.N. (Certificate of Convenience and Necessity), therefore the PUA must legally provide water service to the Tract. Essentially, this means the PUA cannot say "No" to providing water service to the Property. To make application for service, a buyer will submit a "Service Extension Request" application ("SER"). After the SER process, the PUA will prepare a service agreement that is the binding contract between the parties specifying the final terms and conditions of water and sewer service. The tract is located in the designated sewer service area - see enclosed PUA wastewater service area map. The PUA is not legally obligated to provide service in this area, as it would be if it held a C.C.N. for sewer, but it does reflect the area that the PUA has made a policy decision that it will serve.
The current zoning designation for the subject property is “O” Office. See attached current zoning map and future land use map for the City of Bee Cave.
Approximately 215 feet of W. State Highway 71 frontage with existing driveway cut
Approximately 24,000 vehicles per day
40% imperious cover allowing approximately 35,000 SF. Up to 45% impervious permitted with rain water collection system built for a project.
$958,000 or $11 PSF
SUMMARY
BEE CAVE COMMERCIAL FOR SALE
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
AERIAL
SITE
BEE CAVE COMMERCIAL FOR SALE
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
TOPOGRAPHY
SITE
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
BEE CAVE CITY LIMITS AND EXTRATERRITORIAL JURISDICTION
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71
Bee Cave Corporate Limits
Bee Cave ETJ
Parcels
2244
620
Current as of December 8, 2015
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
CITY OF BEE CAVE ZONING
71
71
2244
620
Zoning Base Category
Single Family Rural Residential
Single Family 20
Single Family Patio Home
Single Family Attached
Multi-Family 1
Neighborhood Service
Retail
Commercial
Town Center
Bee Cave Corporate Limits
Parcels
Bee Cave ETJ
Indicates Planned Development District.Base zoning as indicated.
Mixed Use
Office
Public
Agriculture
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
CITY OF BEE CAVE FUTURE LAND USE MAP
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71
2244
620
Current as of April 26, 2016
Town Center (TC)
Mixed Use (MU)
Neighborhood Service (NS)
Office (O)
Retail (R)
Commercial (C)
Public/Semi-Public (P)
Parks & Open Space (POS)
Private Recreation (PR)
Nature Preserve (NP)
Right of Way (ROW)
Low Density Rural Residential (LD-RR)
Low Density Residential (LD-R)
Planned Density Residential (PD-R)
Medium Density Residential (MD-R)
High Density Residential (HD-R)
BEE CAVE COMMERCIAL FOR SALE
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
WATER SERVICE
BEE CAVE COMMERCIAL FOR SALE
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
WASTEWATER
BEE CAVE COMMERCIAL FOR SALE
PERRY HORTONm. [email protected]
DAN McKINLEYm. [email protected]
TRAFFIC MAP
11-2-2015
Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about
brokerage services to prospecƟve buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material informaƟon about the property or transacƟon received by the broker; • Answer the client’s quesƟons and present any offer to or counter-offer from the client; and • Treat all parƟes to a real estate transacƟon honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:
• Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and
buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically authorized in wriƟng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriƩen asking price; ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; and ᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to
disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.
Licensed Broker /Broker Firm Name or Primary Assumed Business Name
License No. Email Phone
Designated Broker of Firm License No. Email Phone
Licensed Supervisor of Sales Agent/Associate
License No. Email Phone
Sales Agent/Associate’s Name License No. Email Phone
Regulated by the Texas Real Estate Commission
Buyer/Tenant/Seller/Landlord Initials
InformaƟon available at www.trec.texas.gov IABS 1-0
Date
TAR 2501
TEXAS REAL ESTATE COMMISSION
P.O. BOX 12188
AUSTIN, TEXAS 78711-2188
(512) 936-3000
THE TEXAS REAL ESTATE COMMISSION (TREC) REGULATES
REAL ESTATE BROKERS AND SALES AGENTS, REAL ESTATE INSPECTORS,
HOME WARRANTY COMPANIES, EASEMENT AND RIGHT-OF-WAY AGENTS
AND TIMESHARE INTEREST PROVIDERS
YOU CAN FIND MORE INFORMATION AND
CHECK THE STATUS OF A LICENSE HOLDER AT
WWW.TREC.TEXAS.GOV
YOU CAN SEND A COMPLAINT AGAINST A LICENSE HOLDER TO TREC
A COMPLAINT FORM IS AVAILABLE ON THE TREC WEBSITE
TREC ADMINISTERS TWO RECOVERY FUNDS WHICH MAY BE USED TO
SATISFY A CIVIL COURT JUDGMENT AGAINST A BROKER, SALES AGENT,
REAL ESTATE INSPECTOR, OR EASEMENT OR RIGHT-OF-WAY AGENT,
IF CERTAIN REQUIREMENTS ARE MET
IF YOU HAVE QUESTIONS OR ISSUES ABOUT THE ACTIVITIES OF
A LICENSE HOLDER, THE COMPLAINT PROCESS OR THE
RECOVERY FUNDS, PLEASE VISIT THE WEBSITE OR CONTACT TREC AT