This 14.28-acre prime property, situated near major infrastructure and high-traffic areas, presents a compelling investment opportunity. Located in a Qualified Census Tract, it qualifies for Low-Income Housing Tax Credits. Its proximity to the new Tesla Giga Factory signals strong future growth, while its closeness to Toll 130, with over 55,000 vehicles passing daily, provides great visibility and accessibility. Additionally, nearby landmarks such as the Samsung Austin Semiconductor Facility, Austin-Bergstrom International Airport, and the Amazon Distribution Center strategically position the site within a fast-growing economic hub, creating opportunities across business, transportation, distribution, multifamily, retail, and more.
2.23-acre parcels are ideal for retail development and are approved by the city for a 24,000-square-foot building. Situated in an expanding area with a shortage of strip malls and retail spaces, it benefits from high traffic due to its proximity to numerous residences, businesses, and a large workforce. The Austin East submarket, known for its logistics focus, makes it an excellent retail location. The area also sees strong rent growth, averaging 5% annually, with typical triple net lease rates around $13 per square foot.
7.2-acre land parcels are fully permitted for six 10,000-square-foot warehouses and now only need county approval, as it is no longer within the ETJ. It features northward wastewater management and is conveniently located near the Tesla site, with easy access to Toll 130. The surrounding area's economic development boosts its industrial, supplier, multi-family, and storage potential. It includes a complete set of engineered Civil Plans, covering water quality management and a permitted driveway across a floodplain, enhancing development flexibility.
Richard Gary
Joe Williams Group
