700 N Cuernavaca Dr, Austin, TX 78733

Property Details for 700 N Cuernavaca Dr

Year built

1986

Construction

CONCRETE

Lot size

0.44 lot acres

Property type

Grocery and convenience stores

APN

129360107

APU

129360107

Description

This exceptional 1.93-acre commercial land parcel presents a rare development opportunity in Austin, Texas's affluent West Lake corridor. Located at 700 N Cuernavaca Dr, in the 78733 zip code, this property boasts a prime location with frontage on Cuernavaca Drive, offering convenient access to downtown Austin while maintaining a desirable suburban setting. Currently occupied by a gas station and coffee shop, the site is zoned CS-CO-MU-NP, allowing for diverse commercial development options. The property comprises five parcels totaling approximately 1.93 acres, making it one of the largest available commercial sites in the area. Surrounded by a thriving residential community, with over 8,743 units within a 3-mile radius and an average home price exceeding $686,750, this location offers significant potential for high returns. The area's demographics are highly favorable, with an average household income exceeding $237,320 within a 5-mile radius. This represents a last chance to acquire a development site of this size in this highly sought-after West Austin submarket. The existing tenants provide immediate income potential while allowing for future redevelopment plans. This is a truly unique opportunity to capitalize on the robust growth and high demand in one of Austin's most affluent neighborhoods.

Location Insight

City

Austin

County

Travis

State

Texas

Longitude

-97.8693

Latitude

30.3317

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments