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    700 Cuernavaca Dr Austin, TX 78733

    For Sale
    Contact for pricing

    1.93 Acres, Gas Station & Coffee Shop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.93-acre commercial land parcel presents a rare development opportunity in Austin, Texas's affluent West Lake corridor. Located at 700 N Cuernavaca Dr, in the 78733 zip code, this property boasts a prime location with frontage on Cuernavaca Drive, offering convenient access to downtown Austin while maintaining a desirable suburban setting. Currently occupied by a gas station and coffee shop, the site is zoned CS-CO-MU-NP, allowing for diverse commercial development options. The property comprises five parcels totaling approximately 1.93 acres, making it one of the largest available commercial sites in the area. Surrounded by a thriving residential community, with over 8,743 units within a 3-mile radius and an average home price exceeding $686,750, this location offers significant potential for high returns. The area's demographics are highly favorable, with an average household income exceeding $237,320 within a 5-mile radius. This represents a last chance to acquire a development site of this size in this highly sought-after West Austin submarket. The existing tenants provide immediate income potential while allowing for future redevelopment plans. This is a truly unique opportunity to capitalize on the robust growth and high demand in one of Austin's most affluent neighborhoods.

    Property Features for 700 Cuernavaca Dr

    General Information

    Property type
    Land
    Lot Size
    84,071 SF

    HighLights

    • 1.93‑acre commercial land parcel in Austin, TX.
    • Located at 700 N Cuernavaca Dr, Austin, TX 78733.
    • Currently improved with a gas station and coffee shop.
    • Zoned CS‑CO‑MU‑NP.
    • One of the largest available commercial sites in the 78733 zip code.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Halalicious Mediterranean Restaurant Primo Water Refill Bottled Water Supplier Orlandi Valuta Money Transfer Service Amazon Locker - Florencia Shipping And Mailing Service ATM (Neighborhood Store) Atm

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8692477
    Latitude
    30.3317021

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    FAQs

    What type of property is this?
    Land - 1.93 Acres, Gas Station & Coffee Shop
    Where is this land located?
    The property is located at 700 Cuernavaca Dr Austin, TX.
    What are key features of this property?
    This property features: 1.93-acre commercial land parcel in Austin, TX.; Located at 700 N Cuernavaca Dr, Austin, TX 78733.; Currently improved with a gas station and coffee shop.
    (713) 438-9516
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    700 Cuernavaca Dr Austin, TX 78733
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    Austin, TX 78733
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    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
    700 Cuernavaca Dr Austin, TX 78733
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