2800 Oak Springs Dr Austin, TX 78702

This exceptional 0.69-acre commercial land parcel presents a remarkable infill opportunity in Austin's rapidly expanding East Austin submarket. Located between IH 35 and Airport Boulevard, this property offers unparalleled convenience and accessibility. Zoned CS-MU-V-NP, it allows for a diverse range of mixed-use and multi-family developments, including a podium-style design. The site plan allows for up to 60 feet of vertical use and a 95% impervious cover. Importantly, the property is not subject to watershed impervious cover limits, and the Floor Area Ratio (FAR) limit of 2:1 is not applicable if developed as a vertical mixed-use project meeting the affordability requirements of the VMU ordinance. This 30,212 square foot lot is situated in one of Austin's fastest-growing areas, making it an ideal investment for developers seeking high-return potential. The property's strategic location and flexible zoning regulations create a unique opportunity to capitalize on Austin's thriving real estate market. This is a truly exceptional opportunity to develop a high-impact project in a prime location.