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5107 S Interstate 35
Austin, TX 78744 Franklin Park

Price Upon Request

Land For Sale  •  21.11 AC

Property Details

  • Property Type Land
  • Lot Size 21.11 AC
  • Zoning GR-NP
30 Transit Score
40 Walk Score

Description

Jones Lang LaSalle (“JLL”) has been exclusively retained by KIPP Texas Public Schools to offer potential buyers and investors the opportunity to acquire KIPP IH- 35 (the “Property” or “Site”), a ±21.11-acre development Site currently improved with a former Sam’s Club/Walmart building that is presently utilized as a charter school. The Property is strategically located along the IH-35 corridor in southcentral Austin, Texas. Positioned on one of the region’s most heavily trafficked corridors (approximately 183,000 vehicles per day), the Site sits between Stassney Lane to the south and Teri Road to the north, providing excellent visibility and accessibility. The property is located in close proximity to the rapidly evolving St. Elmo District, an emerging redevelopment hub and one of south-central Austin’s most dynamic growth nodes. The Site also benefits from convenient access to several major thoroughfares, including US-71/US-290, William Cannon Drive, Pleasant Valley Road, and the highly sought-after South Congress (“SoCo”) corridor. Together, these roadways provide seamless connectivity to the broader Austin metro and the southern portion of the urban Austin core. With the St. Elmo District, South Congress, and multiple major employment and lifestyle destinations all within a 5–10-minute drive, the Property is well-positioned to capitalize on strong demand drivers in the area. This offering presents a compelling opportunity to either reposition the existing improvements or pursue redevelopment, allowing investors to capture increasing demand for mixed-use or retail development in one of Austin’s most active growth corridors.

Highlights

Exceptional visibility along Interstate 35, one of Central Texas’ most heavily traveled corridors with approximately 183,000 vehicles per day.
Currently improved with a single-story structure and significant on-site parking, offering multiple points of ingress and egress for easy access.
Positioned within a rapidly growing trade area featuring favorable household income trends and ongoing residential development.
Offers convenient connectivity to key thoroughfares, including US-71/US-290, William Cannon Drive, and Pleasant Valley Road.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Austin (Texas Eagle - Amtrak) 12 min - 6.5 mi
AirportDriveWalkDistance
Austin-Bergstrom International 20 min - 9.0 mi
Joe Dowdle 512-771-0715 JLL
Joe Dowdle 512-771-0715 JLL