8504 Highway 290 Austin, TX 78737
- Commercial real estate
- 1.64 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8504 Highway 290
- Lot size
- 1.64 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.64-acre commercial property, located at the corner of Hwy 290 West and Thunderbird Road in Austin, Travis County, Texas (zip code 78737), presents a unique investment opportunity. Situated on the highly desirable Hwy 290 corridor, this unrestricted corner lot benefits from excellent visibility and multiple access points. The property includes two lots, offering flexibility for various development scenarios. Currently zoned LR-MU-NP and LO-NP, it's ideally suited for a range of uses, including retail, office, or even a gas station, given its proximity to a new multi-family development. The property boasts city water and electricity, along with septic. This prime location is further enhanced by its position on the new Hwy 290 expansion project, with the Oak Hill Parkway construction anticipated to be completed by late 2025, significantly improving connectivity and accessibility. The asking price is $1,600,000. This is an exceptional chance to capitalize on the rapid growth in this area and create a thriving commercial venture. Don't miss this opportunity to secure a prominent location in Austin's expanding market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.908447516326
- Latitude
- 30.234588233568
