8515 S FM 973, Austin, TX, 78719

8515 S FM 973 Austin, TX 78719

Austin
FOR SALE
Property Type:
Other Land
Amount:
Please Call Broker for Price

Last Verified:
Apr 18, 2024

Highlights

  • Views of Downtown and Circuit of the Americas
  • Ideal location with access to HWY 130 & 71
  • Close proximity to ABIA (8.1 miles), Downtown (13.3 miles) and COTA (4.8 miles)

Description

8515 S FM 973 is an office/residential property situated on 5 acres in burgeoning Southeast Austin. The site is located in the opportunity zone, outside of the flood plain and no zoning designation (ETJ), making it an attractive opportunity for groups looking to develop in the area.

8515 Farm to Market Road 973

Lot Size: 5.0 acres


Documents

8515 S FM 973.pdf

Map of 8515 S FM 973, Austin, TX, 78719

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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.