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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8504 Highway 290 Austin, TX 78737

1.64 ac lot
Property ID
US82-2984237
Property summary
AI-generated overview

This exceptional 1.64-acre commercial property, located at the corner of Hwy 290 West and Thunderbird Road in Austin, Travis County, Texas (zip code 78737), presents a unique investment opportunity. Situated on the highly desirable Hwy 290 corridor, this unrestricted corner lot benefits from excellent visibility and multiple access points. The property includes two lots, offering flexibility for various development scenarios. Currently zoned LR-MU-NP and LO-NP, it's ideally suited for a range of uses, including retail, office, or even a gas station, given its proximity to a new multi-family development. The property boasts city water and electricity, along with septic. This prime location is further enhanced by its position on the new Hwy 290 expansion project, with the Oak Hill Parkway construction anticipated to be completed by late 2025, significantly improving connectivity and accessibility. The asking price is $1,600,000. This is an exceptional chance to capitalize on the rapid growth in this area and create a thriving commercial venture. Don't miss this opportunity to secure a prominent location in Austin's expanding market.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.64 ac (71,438 SF)
UPID US82-2984237
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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