203 W New Hope Drive
Cedar Park, TX 78613
$800,000
1,600 sqft
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.
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Running Brushy Middle School | 6 - 8 | Regular |
| Knowles Elementary School | EE - 5 | Regular |
| Leander High School | 9 - 12 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.