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Property profile & analytics
OFF-MARKET
Land

11519 Menchaca Rd Austin, TX 78748

0.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional .38-acre commercial land parcel, located at 11517 and 11519 Menchaca Road in Austin, Texas (zip code 78748), presents a unique investment opportunity. Situated in Travis County, this property boasts high visibility and exposure due to its prime location on a busy arterial road. The lot is currently leased to a used car lot operator under a month-to-month (MTM) lease agreement. This provides immediate income potential for the new owner, with the flexibility to renegotiate terms upon lease expiration. The property's size and location make it ideal for a variety of commercial uses, beyond its current application. The address is easily accessible, offering excellent visibility for any business seeking high traffic exposure. The coordinates are 30.15266227027762 latitude and -97.83333826851533 longitude. This property is a rare find in a thriving Austin market, offering a blend of immediate income and long-term development potential. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for commercial use. The land is ready for immediate use or redevelopment, making it an attractive option for both short-term and long-term investors.

Property profile
Verified
Property type Land
Lot 0.38 ac (16,553 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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