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    13400 Fm 969 Austin, TX 78724

    For Sale
    Contact for pricing

    14 Acres Near Tesla Gigafactory

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 14.28-acre commercial and industrial land parcel presents a unique investment opportunity in Austin, Texas. Strategically located across FM 969 from Tesla's Gigafactory, this property benefits from its proximity to the high-growth industrial corridor along Toll 130, just ¾ mile east on FM 969 (also known as Webberville Road). The site is situated within the extraterritorial jurisdiction (ETJ) of Austin, offering flexibility in development. A site permit is already in place for a 240,000 square foot building on the front 2.23 acres. Further development potential exists on the remaining 12.05 acres, with permitting for up to six 10,000 square foot buildings. Complete civil drawings, including water quality plans and a permitted driveway crossing the floodplain, are included. The property boasts 3-phase power and is ideally positioned to serve the substantial workforce at the Tesla facility, with an estimated 5,000+ employees. The area currently lacks retail and restaurant options, making the front 2 acres particularly attractive for such development. Austin-Bergstrom International Airport is conveniently located 7 miles away, and the Austin business district is 10 miles distant. Average net-net-net (NNN) rents in the area are approximately $13 per square foot, with rent growth averaging slightly less than 5% annually. This fully permitted site offers immediate development potential and significant long-term growth prospects.

    Property Features for 13400 Fm 969

    General Information

    Property type
    Land
    Lot Size
    622,037 SF

    HighLights

    • Prime location directly adjacent to Tesla's Giga Factory.
    • Situated within the City of Austin's extraterritorial jurisdiction (ETJ).
    • Conveniently located 3⁄4 mile east of Toll Road 130 on FM 969.
    • 7 miles from Austin‑Bergstrom International Airport (AUS).
    • 10 miles from Austin's central business district.
    • Fully permitted site plan with approved civil engineering plans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.59278813
    Latitude
    30.25088215

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    FAQs

    What type of property is this?
    Land - 14 Acres Near Tesla Gigafactory
    Where is this land located?
    The property is located at 13400 Fm 969 Austin, TX.
    What are key features of this property?
    This property features: Prime location directly adjacent to Tesla's Giga Factory.; Situated within the City of Austin's extraterritorial jurisdiction (ETJ).; Conveniently located 3⁄4 mile east of Toll Road 130 on FM 969.
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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
    13400 Fm 969 Austin, TX 78724
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