0 Palermo DrSpicewood, TX 78669

This exceptional 3.76-acre commercial land parcel presents a unique investment opportunity in the thriving Bee Cave, Texas market. Situated at the highly visible corner of Highway 71 and Palermo Drive, this property benefits from its location within a rapidly expanding area experiencing significant residential and commercial growth. The property's zoning designation, ETJ (Extra Territorial Jurisdiction) of Bee Cave, allows for a diverse range of commercial uses, including restaurants, retail establishments, medical facilities, and office spaces. This flexibility provides considerable development potential to suit a variety of business needs. All utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. The substantial lot size offers ample space for a large-scale development project or the potential for subdivision into smaller parcels. Given the strong growth trajectory of the area and the strategic location, this property represents a compelling investment for developers seeking a high-impact commercial venture in a prime Texas location. The asking price for this exceptional opportunity is $2,800,000. The property's address is Palermo Dr, Bee Cave, TX 78669, within Travis County.