2121 Lynnbrook Dr Austin, TX 78748
- Pubs
Current Use by Public Records
- Pubs
Property Details for 2121 Lynnbrook Dr
- Year built
- 1995
- Property type
- Pubs
Description
This exceptional 5.21-acre retail property is ideally situated in the vibrant Manchaca Bar District at the south end. The site boasts a two-story building constructed in 1995, offering immediate income potential. The property's strategic location is further enhanced by its site plan, which allows for the development of nine additional pad sites, each with a 2,500 square foot building envelope. This presents a unique opportunity for expansion and diversification of the property's income streams. The property features ample parking with 50 spaces available. A significant advantage is the proximity to a proposed 14-inch wide, fenced, and lighted pedestrian trail, Stinson Trail, which will connect the property to numerous popular bars and restaurants in the area, including Armadillo Den, Cosmic Coffee, Moontower, Lulu's, Lustre Pearl South, Drifter's, SABG, and more. This trail will significantly increase foot traffic and visibility. Furthermore, the property benefits from its location within the ETJ (Extra Territorial Jurisdiction), ensuring minimal zoning restrictions. The area is experiencing substantial residential growth, with over 1,000 residential units planned within a half-mile radius, guaranteeing a strong and expanding customer base. This property offers a rare combination of existing income, development potential, and prime location within a thriving entertainment district. The zoning is ETJ.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.831845385145
- Latitude
- 30.16527053616
