203 W New Hope Dr - Office FOR SALE


Cedar Park, TX 78613
$800,000 USD
512-800-3454
203 W New Hope Dr, Cedar Park, TX for Sale
$800,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

203 W New Hope Dr
Cedar Park, TX 78613


HIGHLIGHTS

  • Located at a highly visible, high-traffic intersection with direct access to Bell Boulevard (US 183).
  • Consists of three contiguous parcels totaling approximately 0.75 acres in a dynamic growth corridor.
  • Designated within an Enterprise Zone and New Market Tax Credit area, offering potential tax incentives.
  • Surrounded by expanding retail, service-oriented businesses, and mixed-use developments that drive consistent consumer traffic.
  • Flexible redevelopment potential for restaurant, boutique retail, neighborhood services, or modern office/flex space.
  • Supported by Cedar Park’s Future Land Use Plan with city preference for neighborhood-serving commercial development.

OVERVIEW

An exceptional commercial opportunity in the heart of Cedar Park’s rapidly expanding growth corridor. 203 W New Hope Dr consists of three adjacent lots totaling ~3/4 acre, currently occupied by New Hope Realty Group. The property sits at a high-traffic intersection with excellent visibility and immediate access to Bell Blvd (US 183), surrounded by mixed-use, retail, and service developments. This opportunity has redevelopment potential. The City of Cedar Park has indicated a strong preference for commercial development that serves local residents and families. The parcel’s size and location make it ideal for: • Coffee or restaurant • Boutique retail or neighborhood services • Redevelopment into modern office/flex space Rezoning to Neighborhood Business or Business District is consistent with the city’s Future Land Use Plan. Conversations with city officials have already begun. A convenience store is already adjacent with more than 6,500 people per day.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

NB

APN/PARCEL ID

R034361

ASK ABOUT THIS PROPERTY

Renee JordanMotts MarketingMore Info
512-800-3454

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Renee JordanMotts MarketingMore Info
512-800-3454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.