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Property profile & analytics
OFF-MARKET
Land

0 Highway 290 Austin, TX 78724-2413

1.12 ac lot
Property ID
Property summary
AI-generated overview

This 1.12-acre commercial land parcel in Austin, Texas (APN: 02292801030000), boasts 207 feet of frontage on Highway 290, providing exceptional visibility and accessibility. The property includes one Texas Department of Transportation (TXDOT) approved curb cut, ensuring convenient ingress and egress. Currently zoned for commercial use, this site is ideally suited for a variety of businesses, including coffee shops or quick-service restaurants. City plans have been approved for an entertainment-based building complex, presenting a significant opportunity for future development. The property features a pre-existing dome structure on a concrete slab, potentially suitable for an entertainment venue. Infrastructure improvements are underway, with water and sewer services currently being installed. Shared access to a neighboring hotel is also available. This high-traffic location offers significant potential for any new business seeking a prominent Austin presence. The asking price is $650,000.

Property profile
Verified
Property type Land
Lot 1.12 ac (48,787 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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