49 Acre Industrial Tract in the Tesla sub-market
McAngus Rd
Austn, TX 78617
FOR SALE
Property Type:
Commercial Land DevelopmentAmount:
$13,940,965
Cap Rate:
0.00%Last Verified:
Jun 26, 2023
Ideal Industrial and/or multi-family (MF) tract in the booming Tesla sub-market. This listing is located in a Texas Opportunity Zone and has close proximity to Tesla, Gigafactory, ABIA, and COTA. No portion of the Property lies within the 100 year floodplain. There is a cell tower located on the NE corner of the Property that the seller desires to retain. It is not included in the acreage. The Airport Overlay Zone 3 (AO-3) is on the western 75% of the property and it precludes any residential development, however the eastern 25% (approximately 12 acres) would be ideally suited for an MF garden-style product. Seller has indicated a willingness to accept offers on the MF portion only.