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Property profile & analytics
OFF-MARKET
Land

0 Tbd Fitzhugh Rd Austin, TX 78736

11.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.98-acre commercial land parcel presents a unique investment opportunity in Austin, Texas. Located on Fitzhugh Road, this property boasts a prestigious Austin address while being situated entirely within Hays County (zip code 78736). A significant advantage is the inclusion of a county-approved 35-year development agreement, streamlining the development process. The site is fully designed for a substantial 110,000 square-foot development, envisioned as a multi-building retail, warehouse, or office park. Its "shovel-ready" status minimizes delays and maximizes return on investment. The property benefits from its strategic location amidst a thriving area featuring popular breweries, distilleries, and restaurants, ensuring high visibility and foot traffic. This prime location offers easy access to Southwest and Central Austin, as well as Bee Cave, Lakeway, Dripping Springs, Wimberley, and the Hill Country's rapidly growing corridor. The high demand and low availability of similar properties in this sought-after Austin MSA make this a compelling opportunity for developers seeking to build-to-lease or build-to-sell, or for owner-occupiers such as manufacturers, retailers, or beverage producers. The asking price is $4,750,000. Fitzhugh Road frontage adds further value to this remarkable property.

Property profile
Verified
Property type Land
Lot 11.98 ac (521,849 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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