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    11801 Us-290 Austin, TX 78737

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    For Sale
    Contact for pricing

    30,492 SF Vacant Sonic Site

    Property size:
    30,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 30,492 square foot vacant retail property, previously a Sonic Drive-In, is ideally located in Austin, Texas, at 11801 US-290, zip code 78737, within Travis County. The site is pad-ready, with utilities and detention already in place, making it an attractive opportunity for immediate development. Its prime location near a new H-E-B Plus in the Cedar Valley area ensures high visibility and accessibility. The property enjoys excellent proximity to major roadways, including easy access from Rock Rim Trail. Nearby businesses include McCoy's Building Supply, Summer Moon Coffee, Papa John's Pizza, EVO, Spec's, James Avery, IHOP, Chick-fil-A, Panda Express, Torchy's Tacos, P. Terry's Burger Stand, Hat Creek Burger Company, Dunkin', and Jersey Mike's Subs, indicating a strong retail environment. This versatile space is suitable for a variety of uses, including auto shops, banks, and quick-service restaurants (QSR), offering a significant opportunity for investors and businesses seeking a well-positioned retail location in a rapidly growing area of Austin. The property's size and location present a compelling investment opportunity in a thriving commercial corridor.

    Property Features for 11801 Us-290

    General Information

    Property type
    Restaurants
    Square Feet
    30,492 SF

    HighLights

    • 30,492 SF vacant retail building, previously a Sonic Drive‑In, located at 11801 US‑290, Austin, TX 78737.
    • Pad‑ready site with existing utilities and detention.
    • High visibility location near a new H‑E‑B Plus in Cedar Valley.
    • Excellent access to major roadways, including Rock Rim Trail.
    • Strong retail environment with nearby national and local businesses.
    • Suitable for various uses including auto shops, banks, and QSRs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Map

    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.966806098394
    Latitude
    30.212768527241

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    FAQs

    What type of property is this?
    Restaurant - 30,492 SF Vacant Sonic Site
    Where is this restaurant located?
    The property is located at 11801 Us-290 Austin, TX.
    What are key features of this property?
    This property features: 30,492 SF vacant retail building, previously a Sonic Drive-In, located at 11801 US-290, Austin, TX 78737.; Pad-ready site with existing utilities and detention.; High visibility location near a new H-E-B Plus in Cedar Valley.
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    11801 Us-290 Austin, TX 78737
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    Austin, TX 78737
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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
    11801 Us-290 Austin, TX 78737
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