88 Acre at the NEC FM973 and McAngus

7111 FM973 Farm to Market Road 973 Del Valle, TX 78617

7111 FM973 Farm to Market Road 973 , Del Valle, TX, 78617
7111 FM973 Farm to Market Road 973 , Del Valle, TX, 78617
FOR SALE
Property Type:
Commercial Land Development
Amount:
$11,547,800
Cap Rate:
0.00%
Last Verified:
Nov 15, 2024

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Ideal Industrial Development tract with frontage along both FM973 and McAngus with easy access to TX130. Located between Austin Bergstrom International Airport, Circuit of the Americas and Tesla Gigafactory. An approximately 88.367 acre tract located at the NEC of FM973 and McAngus Rd. Approximately 2,766 feet of frontage on FM973 and approximately 1,389 feet of frontage on McAngus Rd. Zoning: None. Located in the Austin ETJ. No portion of the Property lies within the FEMA 100-year floodplain. Utilities: Water - City of Austin (8" and 24" line), Wastewater - City of Austin (15" line on w side of FM973), and Electricity – Bluebonnet Electric. Portions of the subject tract are located in the Airport Overlay AO2 and AO3. The Owner has recently received a title survey. In the process, the surveyor calculated an area of approximately 27.508 acres (Area 4) that is encumbered by easement. There are other areas outside the easement. The north side (Area 1) is approximately 40.803 acres, the southwest area (Area 2) is approximately 8.234 acres, and the southeast area (Area 3) is approximately 11.822 acres.

Map of 7111 FM973 Farm to Market Road 973 , Del Valle, TX, 78617

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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:

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  • 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.