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US-290 Hwy
Elgin, TX 78621

$1,568,160 USD

Specialty For Sale  •  87,120 SF

Property Details

  • Property Type Specialty
  • Total Building Size 87,120 SF
  • Year Built 2026
0 Transit Score
48 Walk Score

Highlights

Flexible Development Scale : Buyers can select between 2 or 4 acres, allowing for tailored hotel projects that match investment goals.
Multiple Franchise Opportunities : Access to multiple established hotel franchises enables strategic branding choices.
Strategic Proximity to Major Employers: Located approximately 30 minutes from Tesla’s Gigafactory Texas.
High-Growth Residential Trade Area : Surrounding population has grown 40 percent since 2020 and is forecast to increase.
Significant Residential and Commercial Development Pipeline : Area includes approximately 15,000 new homes under construction.
Strong Traffi c Counts and Accessibility : Highway 290 features 33,606 vehicles per day (AADT 2024), enhancing exposure for retail, service, etc.

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 41 min - 29.5 mi
Allan Miller 210-343-7831 Marcus & Millichap
Allan Miller 210-343-7831 Marcus & Millichap