13400 Fm 969 Austin, TX 78724
- Land
- 14.28 lot acres
Current Use by Public Records
- Land
Property Details for 13400 Fm 969
- Lot size
- 14.28 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.5928
- Latitude
- 30.2509
