2724 12Th St Austin, TX 78702

This exceptional 0.601-acre commercial land parcel presents a unique development opportunity in Austin, Texas. Located at 2724 E 12th St, Austin, TX 78702, this property boasts a highly desirable location in the rapidly gentrifying East Austin neighborhood. The site is situated on the corner of East 12th Street and the MLK Jr. rail line, directly south of the MLK Jr. Rail Station. This prime location offers unparalleled visibility and accessibility, benefiting from high rental traffic and proximity to public transportation. Zoned TOD-NP-CO, the property is ideally suited for a variety of commercial and multifamily developments. The parcel's size (0.601 acres) provides ample space for a substantial project. Its APN is 200508. The asking price for this exceptional development opportunity is $1,000,000. Investors and developers will appreciate the potential for significant returns in this thriving Austin submarket. The property's strategic location within the MLK Jr. Transit-Oriented Development (TOD) zone ensures future growth and increased property value. This is a rare chance to acquire a key piece of land in one of Austin's most dynamic and sought-after areas.