Listing Agency: CBRE - Austin

Listed By: W. Gaines Bagby · License #TX 302363 Show Phone

Source: Crexi

Added: Apr 12 Changed: Sep 1 Last Checked: Sep 1 at 5:14AM

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Investment Insights

Based on property information with market context.

This 1.16-acre commercial land parcel is positioned for commercial development in Austin, Texas. The site has an efficient configuration, utility service, and frontage along Hwy 183, providing direct roadway exposure and access within the city.

The property is located at 609 Old Bastrop Hwy and carries a commercial land classification. Its combination of acreage, existing utilities, and highway frontage supports evaluation for a range of commercial development concepts, subject to applicable approvals and site requirements.

Key Highlights

• 1.16‑acre commercial land parcel
• Frontage and visibility along Hwy 183
• Utilities are available at the site

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

207

Businesses Nearby

Explore this area Business Placement

Demographics for 78741, TX

49,344

Population

24,763

Households

2

Avg Household Size

29

Median Age

49%

College-Educated

85%

High-School Grad

7.8 sq mi

ZIP Area

6,326

Density / Sq Mi

$66,434

Median Household Income

$41,533

Median Earnings

$1,477

Median Rent

$376,500

Median Home Value

Market

Vacancy Rate% for Industrial in Austin, TX

7.5% 2019

5.7% 2020

3.9% 2021

4.3% 2022

9.1% 2023

13.3% 2024

21.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial development parcel with utility service and direct exposure along Hwy 183.

Where is this commercial land located?

The property is located at 609 Old Bastrop Hwy Austin, TX.

What are key features of this property?

This property features: 1.16‑acre commercial land parcel; Frontage and visibility along Hwy 183; Utilities are available at the site