6011 Bolm RD, Austin TX, 78721
(Active)
$1,700,000
|
25,744 sqft
|
MLS# 5980205
Last Updated: 5/9/2024 9:30 PM
Description for
6011 Bolm RD
Austin, TX 78721
ENTITLED development site in booming East Austin, with Building Permits in hand, in sought-after Opportunity Zone. Bolm Rd is a cut-through from Airport to 183, with its own dedicated exit. Use current plans, or imagine something more amazing!Zoning is GR - MU - NP, allowing for commercial (food services, restaurant, medical) residential (boutique hotel / STR community, and multi-family), and other, up to 60'. Buyer to confirm.Four buildings, 12 units, 23,026 sf (search 932 Gardner on https://abc.austintexas.gov), designed by award-winning KippFlores Architects.Neighboring developments include Trailhead / Trailhead East, 530 units, 0.5 miles to the west; Libertad Austin, 198 units, .25 miles to the south.Additional documents available upon request.Potential owner-financing available:--one-half of sales price down;--interest-only loan, 6%;--two-year balloon;--no penalty for early pay-off.
Price
$1,700,000
DOWNEY & JOHNSON ADDN
Travis
25,744 (approx)
5980205
Active
Description
ENTITLED development site in booming East Austin, with Building Permits in hand, in sought-after Opportunity Zone. Bolm Rd is a cut-through from Airport to 183, with its own dedicated exit. Use current plans, or imagine something more amazing!Zoning is GR - MU - NP, allowing for commercial (food services, restaurant, medical) residential (boutique hotel / STR community, and multi-family), and other, up to 60'. Buyer to confirm.Four buildings, 12 units, 23,026 sf (search 932 Gardner on https://abc.austintexas.gov), designed by award-winning KippFlores Architects.Neighboring developments include Trailhead / Trailhead East, 530 units, 0.5 miles to the west; Libertad Austin, 198 units, .25 miles to the south.Additional documents available upon request.Potential owner-financing available:--one-half of sales price down;--interest-only loan, 6%;--two-year balloon;--no penalty for early pay-off.
Listing Information
| Property Type: Business Opportunities, Other | ||
| 0.59 Acres | 25,744 (approx) | 2023 |
DOWNEY & JOHNSON ADDN
Public
Public Sewer
Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Unimproved, Vacant
Neighborhood
Room Information
Interior Features
See Remarks
None
Other,
None
Exterior / Lot Features
None
GR - MU- NP
(General Retail - Mixed Used - Neighbo
Level
Driving Directions
Bolm runs from Springdale Road, crosses Airport Blvd., and ends at 183, where it has its own exit.
Property is located at the corner of Bolm and Gardner Road.
Financial Considerations
| 02021905600000 |
| $8,887 |
Cash, Conventional, 1031 Exchange, Owner May Carry
Listing Price History
Austin Real Estate
Austin is located in Texas. Austin, Texas 78721 has a population of 986,248.
The median household income in Austin, Texas 78721 is $57,880. 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 78721 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 |
|---|---|---|---|
| 5/5/2024 | Active | $1,700,000 USD -5.56% |
|
| 12/18/2023 | Active | $1,800,000 USD -10.00% |
|
| 9/7/2023 | Active | $2,000,000 USD -4.76% |
|
| 8/31/2023 | Active | $2,100,000 USD -4.55% |
|
| 6/23/2023 | Active | $2,200,000 USD -11.11% |
|
| 5/30/2023 | Active | $2,475,000 USD |
|