UPDATED:
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 800 sqft
Price per Sqft $5,000
Subdivision Tannehill J C
MLS Listing ID 9215418
Year Built 1965
Tax Year 2012
Lot Size 1.060 Acres
Acres 1.06
Property Sub-Type See Remarks
Source actris
Property Description
The property is strategically located with exceptional visibility to Hwy 183, a major arterial route in the Austin metropolitan area. Its industrial zoning is in high demand, making it a top choice for investors looking to capitalize on the growing business landscape in East Austin.
Proximity to Key Developments: The property's location places it in close proximity to several ongoing and proposed developments in the area. Notable projects like the Alto and Springdale Green are prime examples, showcasing the growing demand for versatile and sustainable environments in East Austin.
Thriving Real Estate Market:
East Austin is undergoing a transformation, with numerous office and mixed-use developments in the pipeline. The district is set to become a vibrant and desirable destination for businesses and residents alike. Please see the attached map with upcoming new developments.
Influence of Giga Texas: The property's close proximity to Giga Texas, Tesla's automotive manufacturing factory on Hwy 183, has already catalyzed growth and investment in the region. This makes the property an attractive prospect for tenants and businesses associated with Tesla.
Immediate Revenue:
The property generates income through multiple tenants with short-term leases, providing immediate revenue for investors. This allows you to benefit from the market's growth while retaining flexibility for future development.
Location
State TX
County Travis
Area 5
Zoning Industrial Park District
Interior
Heating Central
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Available, High Speed Internet, Sewer Available, Water Connected
View City, Trees/Woods
Accessibility None
Total Parking Spaces 10
Building
Foundation See Remarks
Sewer Public Sewer
Water Public, See Remarks
Structure Type Concrete,Frame,Vertical Siding
New Construction No
Others
Restrictions Deed Restrictions
Acceptable Financing Cash, Contract, Conventional
Tax Rate 2.3823
Listing Terms Cash, Contract, Conventional
Special Listing Condition Standard