Property profile

12006 Us-290 Austin, TX 78737

OFF-MARKET
Mixed-use properties
4,032 SF 1.95 ac lot
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Property summary

AI-generated overview

This exceptional mixed-use property presents a unique investment opportunity in Austin, Texas. The 4,032 square foot building sits on a spacious 1.95-acre lot, currently operating as a thriving liquor store. Located at 12006 US-290 in Travis County, zip code 78737, this property enjoys a prime location less than half a mile from the new HEB at Nutty Brown Road, ensuring high visibility and convenient access. The property is connected to public water and power, and features a septic system designed to accommodate the entire lot. Importantly, the water treatment and detention pond infrastructure is already in place and sized appropriately for the entire 1.95 acres. The asking price is $1,900,000, translating to $471.23 per square foot. This property is zoned as Austin 5-Mile ETJ - No Zoning. The substantial lot size and existing infrastructure offer significant potential for future development or expansion, making this a compelling investment prospect in a rapidly growing area. The current liquor store operation provides immediate cash flow, while the expansive acreage allows for diverse future possibilities. This is a rare chance to acquire a well-situated, income-generating property with considerable upside potential in the thriving Austin market.

Property profile

Verified
Property type Mixed-use properties
Total area 4,032 SF
Lot 1.95 ac (84,942 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12006 Us-290 Austin, TX 78737
Austin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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