5823 Wilcab Rd Austin, TX 78721
This exceptional 1.19-acre parcel presents a prime development opportunity in Austin's thriving East side. Strategically located just half a mile from Highway 183 Toll Road at 5823 Wilcab Rd, this property boasts LI-NP zoning, allowing for a diverse range of commercial and industrial uses. The land is partially cleared and ready for development, offering significant potential for investors and developers. Utilities are readily available, including water and wastewater services. An added benefit is an expired approved site plan for a roughly 6,000-square-foot industrial building, providing a solid foundation for future construction. The property's location in the rapidly growing East Austin market ensures strong potential for appreciation and return on investment. The Travis County location, with zip code 78721, offers easy access to major transportation arteries and a vibrant business community. This is a rare chance to acquire a well-situated, commercially zoned lot in one of Austin's most dynamic areas. The APN is 0209230118. The asking price for this exceptional property is $449,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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