Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    8504 Highway 290 Austin, TX 78737

    Sponsored
    For Sale
    $1,600,000

    1.64 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.64-acre commercial property, located at the corner of Hwy 290 West and Thunderbird Road in Austin, Travis County, Texas (zip code 78737), presents a unique investment opportunity. Situated on the highly desirable Hwy 290 corridor, this unrestricted corner lot benefits from excellent visibility and multiple access points. The property includes two lots, offering flexibility for various development scenarios. Currently zoned LR-MU-NP and LO-NP, it's ideally suited for a range of uses, including retail, office, or even a gas station, given its proximity to a new multi-family development. The property boasts city water and electricity, along with septic. This prime location is further enhanced by its position on the new Hwy 290 expansion project, with the Oak Hill Parkway construction anticipated to be completed by late 2025, significantly improving connectivity and accessibility. The asking price is $1,600,000. This is an exceptional chance to capitalize on the rapid growth in this area and create a thriving commercial venture. Don't miss this opportunity to secure a prominent location in Austin's expanding market.

    Property Features for 8504 Highway 290

    General Information

    Property type
    Retail properties
    Lot Size
    71,438 SF

    HighLights

    • $1,600,000 asking price for 1.64 acres of mixed‑use land.
    • Located at the corner of Thunderbird Road and Hwy 290 in Austin, Travis County, Texas.
    • Hwy 290 frontage with excellent visibility and multiple access points.
    • Two unrestricted lots zoned LR‑MU‑NP, LO‑NP.
    • Owner/user investment opportunity suitable for retail, office, or other commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.908447516326
    Latitude
    30.234588233568

    Nearby Similar for Sale

    • $575,000
      Pending

      Austin Duplex Near St. Edwards

      Duplex in South Austin near university, I-35, and downtown.
      1400 Saint Edwards Cir, Austin, TX 78704
      View Details
    • $3,486,706
      0.28 Acres

      Austin Condo Enclave Investment Opportunity

      Four newly constructed condos in South Central Austin.
      1500 2B, Austin, TX 78745
      View Details
    • $135,000
      306 SF

      Mixed-Use Condo in West Austin

      Commercial condo with utilities included, near Lake Travis.
      4229 324 Rd, Austin, TX 78732
      View Details
    • $179,000
      379 SF

      Austin Commercial Condo with Utilities

      Mixed-use condo with utilities, amenities, and lake views.
      4229 222 Rd, Austin, TX 78732
      View Details
    • $30,000
      2,600 SF

      Resort Home Fractional Share

      Fractional ownership in a resort home with high-end amenities.
      8212 Interest, Austin, TX 78735
      View Details
    • $325,000
      1,020 SF

      Updated Condo in Central Austin

      Updated 2-bedroom condo near UT campus and downtown Austin.
      2300 Hancock Dr, Austin, TX 78756
      View Details
    • $225,000

      Modern Condo in Crestview Neighborhood

      Charming 1 bed, 1 bath condo in North Austin.
      6324 N Lamar Blvd, Austin, TX 78752
      View Details
    • $4,500,000
      3,812 SF

      Historic Austin Property with Development Potential

      Historic property in West Campus with development and investment opportunities.
      2404 Rio Grande St, Austin, TX 78705
      View Details
    • $3,838,000

      Luxury Residence in The Modern

      Thoughtfully designed 3 bed, 3.5 bath residence with premium views.
      610 Davis St, Austin, TX 78701
      View Details
    • $438,000
      1,830 SF

      Updated Condo with Golf Views

      Updated condo with sunroom, golf course views, and convenient location.
      11310 Spicewood Club Dr, Austin, TX 78750
      View Details
    • $2,360,000
      3,772 SF

      Updated Home in Barton Creek

      Renovated home with scenic views, multiple living areas, and chef's kitchen.
      2305 Barton Creek Blvd, Austin, TX 78735
      View Details
    • $895,000
      1,742 SF

      Modern Oasis in Bouldin Neighborhood

      Modern, fully furnished home with luxury amenities and eco-conscious upgrades.
      2301 S 5Th St, Austin, TX 78704
      View Details

    FAQs

    What type of property is this?
    Retail property - 1.64 Acres, Mixed-Use Potential
    Where is this retail property located?
    The property is located at 8504 Highway 290 Austin, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price for 1.64 acres of mixed-use land.; Located at the corner of Thunderbird Road and Hwy 290 in Austin, Travis County, Texas.; Hwy 290 frontage with excellent visibility and multiple access points.
    Request Owner's contact information
    8504 Highway 290 Austin, TX 78737
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8504 Highway 290
    Austin, TX 78737
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8504 Highway 290 Austin, TX 78737
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.