517 N Interstate 35 Highway, Austin TX, 78702
(Active)
$2,650,000
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|
MLS# 8496272
Last Updated: 5/12/2024 2:00 PM
Description for
517 N Interstate 35 Highway
Austin, TX 78702
Development Project for the Creatives to Maximize the utility of some of Austin's most highly coveted land.Create a plan to optimize the value of this sought-after .1192-acre land parcel with ambitious plans that could be a mixed-use concepts or capitalize on the extreme visibility for maximization of advertising for ultimate brand recognition. Location: The property is located on 6th Street, which is a major commercial corridor in Austin. The area is home to a variety of businesses, including restaurants, bars, retail stores, and offices. The area is also well known to world wide travelers as a popular tourist destination. Visibility: The property is highly visible from 6th Street and I35, which means that businesses located there would have a lot of exposure to potential customers. 165K vehicles a day! Investors and potential partners should be aware that further market research and feasibility studies will be required to ensure their development plan's success.
Price
$2,650,000
Conners Add
Travis
8496272
Active
Description
Development Project for the Creatives to Maximize the utility of some of Austin's most highly coveted land.Create a plan to optimize the value of this sought-after .1192-acre land parcel with ambitious plans that could be a mixed-use concepts or capitalize on the extreme visibility for maximization of advertising for ultimate brand recognition. Location: The property is located on 6th Street, which is a major commercial corridor in Austin. The area is home to a variety of businesses, including restaurants, bars, retail stores, and offices. The area is also well known to world wide travelers as a popular tourist destination. Visibility: The property is highly visible from 6th Street and I35, which means that businesses located there would have a lot of exposure to potential customers. 165K vehicles a day! Investors and potential partners should be aware that further market research and feasibility studies will be required to ensure their development plan's success.
Listing Information
| Property Type: Mixed Use, Business Opportunities, Other | ||
| 0.12 Acres | 1900 | |
Conners Add
Public
Public Sewer
Electricity Available,Water Available
Commercial
Neighborhood
Room Information
Interior Features
See Remarks
Other,
None
Exterior / Lot Features
0 Covered Parking Spaces,
None
TOD-NP per COA and CS1; MU per TCAD
To Be Built
Driving Directions
If you are coming from the north, take I35 south until you reach 6th Street. Turn left onto 6th Street and 517 E 6th St will be on your right at the corner.
If you are coming from the south, take I35 north until you reach 6th Street exit. At the light, 517 E 6th St will be on your right.
Note: 6th Street is a one-way street westbound on the west side of I35. It is a two way street where the property is located.
Financial Considerations
| 02040505090000 |
| $20,551 |
Cash,Conventional
Listing Price History
Austin Real Estate
Austin is located in Texas. Austin, Texas 78702 has a population of 986,248.
The median household income in Austin, Texas 78702 is $80,195. The median household income for the surrounding county is $83,177 compared to the national median of $66,222. The median age of people living in Austin 78702 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 10/3/2023 | Active | $2,650,000 USD |
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