9000 Us Highway 183 Austin, TX 78747
- Commercial real estate
- 1,740 SF
- 5.71 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9000 Us Highway 183
- Year built
- 1982
- Construction
- WOOD FRAME
- Lot size
- 5.71 lot acres
- Property size
- 1,740 SF
- Property type
- Commercial real estate
- APN
- 349180101
- APU
- 349180101
Description
This exceptional 5.71-acre commercial land parcel presents a remarkable investment opportunity in Austin, Texas. Located at 9000 S US Highway 183, this property boasts excellent highway frontage, providing unparalleled visibility and accessibility. The expansive lot size offers 248,727 square feet of potential development space, ideal for a wide range of commercial ventures. Situated in Travis County, with a 78747 zip code, the property benefits from its strategic location just south of Easton Park, a rapidly growing area. The permitted zoning is ETJ (Extraterritorial Jurisdiction), offering flexibility for various commercial uses. The asking price for this prime Austin commercial land is $1,300,000. This represents a significant opportunity to capitalize on the robust Austin commercial real estate market and secure a prominent location on a major thoroughfare. The property's size and location make it an attractive prospect for developers seeking to establish a significant presence in a high-growth area of Austin. Given the substantial acreage and prime highway frontage, this property is well-suited for a variety of commercial developments. Serious inquiries are encouraged.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $295,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $490,000
- 6.5%
- $450,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $200,000
Market price range: $45.8k - $316k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $185,000 Current use
- AUTO REPAIR, GARAGE
- $250,000 Change: +36% Conversion: Difficult
- OFFICE BUILDING
- $220,000 Change: +20% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.6981
- Latitude
- 30.1232
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA