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:
Nov 15, 2023Daily Email Blast
1 time
Daily Blasts Dates
Jun 20, 2024 19:45:49
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. All utilities available through the City of Austin. 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.