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$800,000
Est. payment /mo
1,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $500
Subdivision Cedar Park Ranchettes Lo 06
MLS Listing ID 2776222
Year Built 1973
Annual Tax Amount $7,196
Tax Year 2025
Lot Size 0.453 Acres
Acres 0.4534
Property Sub-Type Business
Source actris
Property Description
Exceptional commercial redevelopment opportunity in Cedar Park! Two adjacent lots (~0.7 acres) at 203 W?New Hope Dr present a premier corner position with unrivaled visibility and high traffic along US?183 (Bell Blvd). The site includes an adaptable freestanding office structure (formerly a church classroom, then realty office) with utilities in place and flat terrain—ready for reinvention.
Already zoned residential with a commercial variance and aligned with the City's Future Land Use Plan (Neighborhood Business/Business District), rezoning is supported and strategic.
This corridor sees strong traffic volume: city data from 2018–2019 reports ~30,600 vehicles per day north of New Hope Drive and Bell Blvd
The area is on the cusp of transformative growth:
The CedarView mixed-use development, just minutes away, will feature a 1.1 million SF Nebraska Furniture Mart, a 297-room full-service Marriott hotel, a 30,000 SF convention center, and a 320-space parking garage, all slated for completion by 2027.
Additional nearby anchors include Scheels sporting goods within Cedar View. Cedar Park Chamber of Commerce.
Major lifestyle and leisure developments are also underway.
This strategic location is surrounded by established neighborhoods, schools, medical facilities, and has access to surrounding infrastructure improvements like the widening of New Hope Drive and enhanced pedestrian amenities. Community Impact.
Priced attractively at $1,200,000 total (two lots combined), this site offers unmatched upside. Cedar Park has seen explosive growth—over 45% population increase over the past decade, a median household income above $111K, and over 2.3M SF of nearby commercial development in motion.
With its visibility, infrastructure, and adjacency to destination-level developments, 203 W New Hope Dr is an opportunity primed for high-impact retail, drive-thru, boutique, or modern office/flex redevelopment.
Already zoned residential with a commercial variance and aligned with the City's Future Land Use Plan (Neighborhood Business/Business District), rezoning is supported and strategic.
This corridor sees strong traffic volume: city data from 2018–2019 reports ~30,600 vehicles per day north of New Hope Drive and Bell Blvd
The area is on the cusp of transformative growth:
The CedarView mixed-use development, just minutes away, will feature a 1.1 million SF Nebraska Furniture Mart, a 297-room full-service Marriott hotel, a 30,000 SF convention center, and a 320-space parking garage, all slated for completion by 2027.
Additional nearby anchors include Scheels sporting goods within Cedar View. Cedar Park Chamber of Commerce.
Major lifestyle and leisure developments are also underway.
This strategic location is surrounded by established neighborhoods, schools, medical facilities, and has access to surrounding infrastructure improvements like the widening of New Hope Drive and enhanced pedestrian amenities. Community Impact.
Priced attractively at $1,200,000 total (two lots combined), this site offers unmatched upside. Cedar Park has seen explosive growth—over 45% population increase over the past decade, a median household income above $111K, and over 2.3M SF of nearby commercial development in motion.
With its visibility, infrastructure, and adjacency to destination-level developments, 203 W New Hope Dr is an opportunity primed for high-impact retail, drive-thru, boutique, or modern office/flex redevelopment.
Location
State TX
County Williamson
Interior
Heating None
Cooling Central Air
Flooring Vinyl
Fireplace No
Exterior
Utilities Available Above Ground, Electricity Connected, Sewer Connected, Water Connected
Total Parking Spaces 50
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Others
Special Listing Condition Standard
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Listed by New Hope Realty Group
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