700 N Cuernavaca Dr, Austin, TX 78733

Listing agent Brad LyBrand License #TX 523795

Listing office NewQuest Properties

Listing date Nov 16, 2021

Source Crexi

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Overview

This multi-parcel development opportunity is located in West Austin at 700 N Cuernavaca Drive. The property includes five parcels totaling approximately 1.93 acres of land zoned for commercial use. Situated east of Bee Caves Road, the site benefits from its location within a 3-mile radius of over 8,743 residential units with an average price of $686,750. West Austin is considered an affluent submarket with convenient access to Downtown Austin. This 1.93-acre tract represents one of the largest available commercial sites in the 78733 zip code. The property's proximity to downtown and location in the suburbs make it a development opportunity for a number of users. It is described as the last development opportunity of this size in the West Lake corridor, an affluent area in Austin with a dense population and a high average household income of over $237,320 within a five-mile radius. The property currently has two tenants: a gas station and a coffee shop.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

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

Location Insight

• Map
• Local Demand

City

Austin

County

Hays

State

Texas

Longitude

-97.8692455

Latitude

30.3318878

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FAQs

What type of property is this?

Commercial land - 1.93 acres of commercial land in West Austin.

Where is this commercial land located?

The property is located at 700 N Cuernavaca Dr Austin, TX.

What are key features of this property?

This property features: 1.93 acre commercial development opportunity - one of the largest available in the 78733 zip code.; Located in West Austin, one of the most affluent submarkets with convenient access to Downtown Austin.; Zoned for commercial use, offering flexibility for various development projects.