8501 S 1St St Austin, TX 78748
For Sale
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Prime Development Opportunity Located in South Austin • The site is located less than a mile North of Southpark Meadows, a 180+ acre mixed-use shopping area with a recently added 126k sf. HEB. • Construction began in late 2022 on the I-35 Capital Express South project, adding elevated managed lanes between SH-71 & Slaughter Ln and constructing a Southbound I-35 bypass lane that will allow traffic to bypass Stassney Ln & William Cannon Dr. The project is expected to be completed by 2028. Close Proximity To Major Thoroughfares • Site is located less than a mile West of I-35 with direct access via Slaughter Ln • 4 miles Southwest of SH-71 • 4 miles South of Loop 360/US-290 corridor • 4.5 miles East of Mopac • 4.5 miles North of TX-45 • 6 miles West of US-183 • 8 miles West of TX-130 Direct Access Across the Austin Metro Area • Sunset Valley/Arbor Trails: 12 minutes • ABIA: 15 minutes • South Congress (SoCo): 15 minutes • Buda: 15 minutes • Downtown Austin: 18 minutes
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.