Property summary
Exceptional opportunity to acquire a fully entitled 10.35-acre commercial development site in Austin, Texas' desirable Southwest/Circle C submarket. This property is zoned GO and boasts an approved Site Plan Permit and Building Permit for a four-story, 100-unit assisted living and memory care facility. The meticulously designed facility, exceeding Austin's development standards, will feature 100 single-occupancy units and a range of amenities including a viewing pond, dog park, wellness area, activity rooms, barber shop/salon, and multiple dining halls and lounges. The building's attractive stucco and stone veneer finish complements its prime location at the intersection of Loop 1 (MoPac Expressway) and State Highway 45 Southwest, ensuring high visibility and accessibility. A pre-constructed joint-use detention and water quality pond further enhances the property's value. Primary access is via Archeleta Blvd. Asking price: $2,000,000. This is a turnkey opportunity for immediate development.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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