10908 US Highway 290 presents an exceptional investment opportunity in the heart of the Austin–Dripping Springs growth corridor. Set on 5.77 acres at the high-traffic, signalized intersection of Hwy 290 and Fitzhugh Road, this property combines immediate income stability with substantial future redevelopment potential.
The site is currently occupied by Edgestone Automotive under a long-term NNN lease and Malco Electric, which could offer a leaseback or be delivered vacant. Improved with two well-maintained 5,000 SF structures and featuring nearly 848 feet of Hwy 290 frontage, this asset offers excellent visibility and access. With no zoning restrictions, the property provides unmatched flexibility for future commercial, service, retail, or mixed-use applications.
Positioned within an area experiencing explosive residential and commercial growth, the property benefits from strong surrounding demographics, anchored by large-scale developments such as Belterra and Shops at Belterra Village. Additionally, TxDOT plans to transform US 290 into a 12-lane express corridor, further enhancing accessibility and long-term appreciation potential.