East Austin Commercial Lot for Sale With Approved Site Plan and Architect Designs

2905 East 2nd Street Austin, TX 78702

2905 East 2nd Street, Austin, TX, 78702
Main Picture - East Austin Land for Sale - DeLea Becker
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$1,176,000
Last Verified:
Mar 27, 2024

Highlights

  • - Prime East Austin Location: Situated in the heart of East Austin, this 6800 SF commercial lot offers a strategic position in one of Austin's most dynamic neighborhoods, renowned for its rapid growth, innovation, and vibrant community.
  • - Zoned GR-MU: Versatile zoning allows for a variety of developments, including highly sought-after retail, restaurant, or cocktail bar, providing endless opportunities for creative and lucrative investment.
  • - Approved Site Plan for Office Building: Comes with a fully approved site plan for a 6,113 SF interior/enclosed office building, featuring an 855 SF third-floor patio, designed to maximize utility and aesthetics.
  • - Time and Money Savings: Benefit from a 12-16 month head start in the development process with pre-approved plans, eliminating the need for hiring a team of engineers, architects, and permit expeditors.
  • - City of Austin Approved: Plans were submitted and approved by the City of Austin in 2023, with an expectation of easy re-approval for a new building permit, simplifying the development process.
  • - Strategic Development Opportunity: The property's location and zoning offer a unique chance to create a standout office space, retail outlet, restaurant, or bar that meets the needs of Austin's growing commercial landscape.
  • - Investment Potential: Capitalize on East Austin's continued expansion and the influx of new businesses and creative endeavors, making it an opportune moment for visionary investors and developers.
  • - Engage with East Austin's Growth:** Represents a rare opportunity to directly contribute to the area's exciting development trajectory, whether you're looking to build a new headquarters, an innovative co-working space, or a multipurpose commercial hub.
  • Versatile Investment Options:
  • Although ideally suited for office building development, the lot's zoning and location also provide perfect conditions for establishing retail, restaurant, or bar ventures, catering to a wide range of investor interests.
  • Looking for land for sale in Austin, but worried about the lengthy development process? This is an ideal location - Austin land with approved site plan. Secure your general contractor and be in your offices in 12 -18 Months. Even running your projects conservatively - the Commercial Real Estate growth trends in Austin, Texas have kept Investors coming back for more for decades.

Description

Explore the exceptional potential of this prime property located in the sought-after Austin area. Zoned GR-MU, this versatile space offers a myriad of development opportunities for office investors. With its strategic location in the thriving Austin market, the property provides easy access to the city's bustling business district and key amenities. Boasting ample space for building possibilities, this property is primed for creating a standout office space that meets the needs of the ever-growing commercial landscape in Austin. Don't miss the chance to make your mark in this dynamic market with this exceptional investment opportunity.

Prime East Austin Commercial Lot for Sale: 6800 SF with Approved Site Plan for 6800 SF Office Building.

Unlock the potential of a premier commercial lot in the heart of East Austin, offering a strategic 6800 square feet of space complemented by an approved site plan for a state-of-the-art office building. This exceptional development opportunity is positioned to capitalize on the rapid growth and dynamic transformation of East Austin, a neighborhood renowned for its innovation, vibrant community, and flourishing business ecosystem.

Key Features:
Approved Site Plan:
Sale includes a fully approved site plan for an interior/enclosed office building, meticulously designed to maximize utility and aesthetics. The plan features a spacious 6,113 SF building complemented by an expansive 855 SF third-floor patio, ideal for creating an engaging work environment.

Time-Saving Advantage:
Benefit from a 12-16 month head start on the development process thanks to the pre-approved site plan. This significant time advantage allows for immediate progress towards construction, minimizing delays and accelerating your return on investment.

Money Savings
No need to hire Team of Engineers, Architects, Permit expeditors, the site plan process is complete.

City of Austin Approved:
Current plans were submitted and received approval from the City of Austin in 2023. Although the approval expired in September 2023, the groundwork laid by this process is expected to simplify and expedite the re-approval for a new building permit.

Strategic Location:
Situated in East Austin, this lot is at the epicenter of an area experiencing explosive growth. With a mix of residential, commercial, and cultural developments, the location is ideal for businesses looking to tap into a diverse and energetic market.

Investment Potential:
East Austin's ongoing expansion and the influx of new businesses and creative endeavors make this an opportune moment to invest. The lot’s readiness for development, combined with the area’s appeal, presents a unique opportunity for visionary investors and developers.

Investment Opportunity:
This 6800 SF commercial lot in East Austin represents a rare opportunity to directly engage with and contribute to the area's exciting growth trajectory. With an approved site plan in hand, the property offers a clear path to developing a modern office space designed to meet the demands of today’s businesses. Whether looking to build a new headquarters, an innovative co-working space, or a multipurpose commercial hub, this lot provides the foundation for a successful and strategic investment in one of Austin’s most dynamic neighborhoods.

Embrace the opportunity to play a pivotal role in the evolution of East Austin. Invest in a property that not only promises a significant reduction in development time but also offers the chance to contribute to the vibrant tapestry of one of Austin's most sought-after districts.

And- just incase you are not seeking a site to build an Office Building. Zoning and Location are ideal for Retail, Restaurant or Bar.

Discover the vibrant surroundings of the East Austin neighborhood, where the property is located. Known for its eclectic mix of art, culture, and tech, this area offers a dynamic environment for businesses. Within close proximity, businesses can enjoy access to renowned hotspots such as Franklin Barbecue, the graffiti park at Castle Hill, and the popular East Cesar Chavez Street with its diverse dining and entertainment options. With a thriving entrepreneurial community and a bustling arts scene, the area presents an exciting opportunity for office and commercial real estate investors looking to be immersed in the energetic pulse of Austin's creative and business hub. This Land is in the fast growing area of East Cesar Chavez - East of Pleasant Valley. Large developments and employers include Canva Headquarters, HEB, Favor, Big Red Dog, DPR, Bond Collective and Mainstream Hub. Walk to many hip and cool restaurants in eats Austin making news everyday. Lustre Pearl East ,Jacoby’s, Dainty Dillo, Grizzeldas, Kemuri Tastu-YaI, ntero, Juicland, Central Mchine Works, De Nada Cantina, Sawyer & Co Justine's. Major Development in the works including Eanvers Borden Plant Mixed Use and Bolm West by Kairo. build your offices in the heart of East Austin orbit the land and build your restaurant or cocktail bar. East Austin - There is something cool happening here.

Lot Size: 0.15 acres


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Map of 2905 East 2nd Street, Austin, TX, 78702

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.