932 Gardner Rd Austin, TX 78721

Listing agency Twelve Rivers Realty

Listed by Chris Oakland · License #TX 639936

Source Crexi

Added: Apr 3, 2024 Updated: Jul 10 at 11:22AM Checked: Jul 21 at 7:05AM

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Investment Insights

Based on property information with market context.

This is an opportunity to acquire an entitled corner development site located in East Austin. The property is situated in a sought-after Opportunity Zone and has building permits in hand. The zoning is GR-MU-NP, which allows for commercial, residential, multi-family, hotel, or other uses. It is ideal for a short-term or corporate-housing community. Permitted plans include four buildings, 12 residential units, totaling 23,026 square feet, designed by award-winning Kipp Flores Architects. The lot size is 0.59 acres. The land is level, cleared, and vacant. Feasibility, architecture, soil samples, and engineering are complete.

Key Highlights

• Building Permits in Hand: Shovel‑ready development site, accelerating project timeline.
• Entitled Corner Development Site: Rare corner lot in booming East Austin.
• Desirable Opportunity Zone Location: Potential tax benefits.

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FAQs

What type of property is this?

Commercial land - Corner lot with building permits in hand in East Austin.

Where is this commercial land located?

The property is located at 932 Gardner Rd Austin, TX.

What is the asking price?

The asking price for this property is $1,395,000.

What are key features of this property?

This property features: Building Permits in Hand: Shovel‑ready development site, accelerating project timeline.; Entitled Corner Development Site: Rare corner lot in booming East Austin.; Desirable Opportunity Zone Location: Potential tax benefits.