11801 Us-290 Austin, TX 78737
This 30,492 square foot vacant retail property, previously a Sonic Drive-In, is ideally located in Austin, Texas, at 11801 US-290, zip code 78737, within Travis County. The site is pad-ready, with utilities and detention already in place, making it an attractive opportunity for immediate development. Its prime location near a new H-E-B Plus in the Cedar Valley area ensures high visibility and accessibility. The property enjoys excellent proximity to major roadways, including easy access from Rock Rim Trail. Nearby businesses include McCoy's Building Supply, Summer Moon Coffee, Papa John's Pizza, EVO, Spec's, James Avery, IHOP, Chick-fil-A, Panda Express, Torchy's Tacos, P. Terry's Burger Stand, Hat Creek Burger Company, Dunkin', and Jersey Mike's Subs, indicating a strong retail environment. This versatile space is suitable for a variety of uses, including auto shops, banks, and quick-service restaurants (QSR), offering a significant opportunity for investors and businesses seeking a well-positioned retail location in a rapidly growing area of Austin. The property's size and location present a compelling investment opportunity in a thriving commercial corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.