Rare opportunity to own a centrally located commercial lot in one of Austin’s most dynamic corridors. Situated just steps from iconic restaurants and nightlife, this lot is currently leased to a parking company under a revenue-share model, generating minimal income but that’s about to change. We are actively working to secure 4-5 food truck leases on the property, which will significantly increase income and overall value. Buyers looking to get in before the price reflects stabilized revenue have a short window to do so. Bonus Opportunity: The adjacent lot at 902 E 7th St is also available and can be bundled into a multi-lot acquisition. Contact us for pricing and details. Zoning, accessibility, and location all line up on this one. Whether you're looking for a near-term cash-flow play or a longer-term hold in a high-growth pocket of East Austin, this property checks all the boxes.
MLS# | 4757172 |
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Listing Type | For Sale |
Style | Vacant Land |
Sub-Type | Resale |
Status | Active |
Days On Site | 15 |
Listing Provided By | Respace LLC | Daniel Pettit |
Zoning | TOD-NP |
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Acreage | 0.14 |
Property View | City, City Lights, Downtown, Sky |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78702 |
Area | 5 |
Community Name | Robertson S & L M South Pt |
School District | Austin |
Elementary School | Sanchez |
Middle School | Martin |
High School | Austin |
Listing VS Median (in Robertson S & L M South Pt) | |
Price: $1,095,000 low | high Med: $547,506 On site: 15 low | high Med: 40.500000 |