12431 Tech Ridge Blvd Austin, TX 78753
- Commercial real estate
- 1.11 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12431 Tech Ridge Blvd
- Lot size
- 1.11 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.106-acre commercial land parcel presents a unique investment opportunity in Austin, Texas. Located at 12431 Tech Ridge Blvd, in Travis County, zip code 78753, this level lot boasts unparalleled visibility and accessibility. The property is zoned GR, offering flexibility for a variety of commercial developments. Its strategic location directly across from Dell and General Motors offices provides immediate access to a significant workforce and high-traffic area. Furthermore, its proximity to Samsung (less than 3 miles) further enhances its desirability. The surrounding area demonstrates strong demographics, with over 122,000 residents within a 3-mile radius boasting an average household income exceeding $108,000. This figure expands to over 273,000 residents with an average household income over $115,000 within a 5-mile radius. The site's adjacency to established businesses like Townplace Suites, La Quinta Inn & Suites, and Avid Hotel adds to its appeal and potential for synergistic development. This prime location and strong market fundamentals make this property an ideal investment for developers seeking a high-impact commercial project in a thriving Austin submarket. The property's excellent visibility and level topography contribute to its development potential. This is a rare opportunity to acquire a strategically located commercial land parcel in one of Austin's most dynamic areas.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.666203
- Latitude
- 30.398413
