9815 Anderson Mill Rd Austin, TX 78750
This exceptional 1.08-acre commercial land parcel, located at 9815 Anderson Mill Rd in Austin, Texas, presents a prime redevelopment opportunity. Situated in a high-demand area of Northwest Austin, between US-183 and FM-620, this property boasts exceptional visibility with over 27,000 vehicles passing daily. The site benefits from a signalized intersection ensuring easy access. Recently rezoned to Neighborhood Commercial (LR-CO), it's ideally suited for various uses, including retail, medical offices, restaurants, or custom manufacturing. The 1,200 square foot lot offers utilities on-site and level topography, making it ready for immediate development. Its location within established residential neighborhoods provides a built-in customer base. The asking price is $1,081,000, translating to a land value of $22.97 per square foot. The property includes APNs R062046, R062047, R497755, and R497756. A ground lease is available. This investment is perfectly positioned to capitalize on Austin's thriving economy and the increasing desirability of the Northwest corridor, offering a unique blend of commercial viability and convenient access to major transportation routes. This is a rare opportunity to acquire a well-located, ready-to-develop site in one of Austin's fastest-growing areas.
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.