1506 N US Hwy 281 Positioned in the heart of the rapidly expanding Central Texas corridor, this exceptional 4-acre commercial property offers a rare combination of scale, visibility, and versatility. Located just one mile north of Johnson City along highly trafficked Highway 281, the site features approximately 310 feet of prime highway frontage, providing outstanding exposure and accessibility. The property is improved with a well-maintained 15, 200 square foot building that has been continuously leased for the past 10 years by a large, established company, reflecting both the functionality of the space and the reliability of the asset. The tenant has taken excellent care of the building and grounds, resulting in a turnkey opportunity for investors or owner-users alike. Originally designed to accommodate large gatherings, the building has previously operated as a dance hall and wedding venue, offering flexible open space suitable for a wide range of commercial uses. Amenities include a fully equipped commercial kitchen, two sets of men's and women's restrooms, 3 conference rooms, and a backup generator for operational continuity. The exterior of the property is equally impressive, featuring professionally maintained landscaping that enhances curb appeal and creates an inviting environment. A total of 132 paved parking spaces supports high-capacity use, while three separate entrances off Highway 281—each secured with automatic gates—allow for efficient traffic flow and controlled access. With its strategic location in one of Central Texas' fastest-growing areas, strong frontage on a major thoroughfare, and adaptable improvements, this property represents a compelling opportunity for investors, event operators, or businesses seeking a high-visibility location with room to grow.