This multi-use commercial property on US Hwy 281 offers exceptional visibility, flexible improvements, and development potential. Situated on 8.425 acres with 525 feet of highway frontage, the property includes a 3,285 SF building, back-to-back on-site billboards, and 2 communication towers. A paved entrance leads to a gravel driveway with parking in front and rear of the building. The building is divided into 4 suites: two finished and move-in ready--Office/Retail 1 (926 SF) and Office/Retail 2 (319 SF)--featuring vaulted ceilings, ceiling fans, glass entries, and 9' glass overhead doors. Space 3 (1,087 SF) and Space 4 (906 SF) offer large, unfinished interiors with high ceilings, multiple glass overhead doors (including two 16' OHDs in Space 4). All units are fully air-conditioned with access to two ADA-compliant restrooms, overhead lighting, and separate electrical panels. A key asset is the 68 ft. tall on-site billboard with two north-facing and two south-facing panels (30' x 10' each), offering premium exposure to over 23,000 vehicles per day (TxDOT 2024). Outfitted with full safety infrastructure and 400-watt Holophane lighting on timers, the billboard is reserved exclusively for promoting on-site businesses or vendors and is not available for outside lease. Located just 4 miles north of FM 1431 in Marble Falls, this is a prime opportunity for immediate business use and long-term investment or development potential, including utilization of the existing communication towers.