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Investment Highlights
- Prime 1.55-Acre Footprint: A rare, manageable-scale redevelopment site located in the high-demand East Austin sub-market.
- Qualified Opportunity Zone (QOZ): Ideally located for investors seeking to leverage federal tax benefits through long-term capital gains reinvestment.
- Booming Airport Blvd Corridor: Positioned within one of Austin’s most vibrant urban corridors, experiencing a massive influx of retail, residential, a
- Flexible CS-MU-NP Zoning: Allows for a diverse range of commercial and multi-family uses, providing maximum flexibility for architectural design and d
- Epicenter of Development: Directly adjacent to new Class A multi-family projects and across the street from the Springdale General and Springdale Gree
- Superior Connectivity: Provides immediate access to major transit arteries, including Airport Blvd and Hwy 183, linking the site to Downtown Austin an
Executive Summary
Sayers Real Estate Advisors is pleased to present the exclusive opportunity to acquire 1020 Springdale Road, a prime 1.55-acre redevelopment site situated in the heart of East Austin’s most dynamic growth corridor. Zoned CS-MU-NP, the property offers a versatile foundation for high-density mixed-use, creative office, or multi-family projects within a proven urban sub-market. Additionally, the site presents a compelling opportunity to be rezoned to increase the allowable Floor Area Ratio (FAR), maximum building height, or both, significantly expanding the project's density and vertical potential. The site is strategically positioned in a Qualified Opportunity Zone (QOZ), providing significant potential for tax incentives and long-term capital appreciation for developers looking to anchor themselves in one of Austin’s most sought-after neighborhoods.
The property benefits from an institutional-grade location, situated directly across from the acclaimed Springdale General and the massive Springdale Green office development. As the Airport Blvd corridor continues its rapid transformation, this site sits at the epicenter of a booming district characterized by a surge in Class A multi-family and commercial deliveries. Adjacent to brand-new residential developments and high-traffic creative hubs, 1020 Springdale represents a rare chance to develop a high-visibility project in one of the most vibrant and walkable corridors in urban Austin.
The property benefits from an institutional-grade location, situated directly across from the acclaimed Springdale General and the massive Springdale Green office development. As the Airport Blvd corridor continues its rapid transformation, this site sits at the epicenter of a booming district characterized by a surge in Class A multi-family and commercial deliveries. Adjacent to brand-new residential developments and high-traffic creative hubs, 1020 Springdale represents a rare chance to develop a high-visibility project in one of the most vibrant and walkable corridors in urban Austin.
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.55 AC |
| Property Type | Land | Cross Streets | Goodwin Ave |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | CS-MU-NP | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.55 AC |
| Cross Streets | Goodwin Ave |
| Opportunity Zone |
Yes |
| Zoning | CS-MU-NP |
1 Lot Available
Lot
| Lot Size | 1.55 AC |
| Lot Size | 1.55 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 196139 | Improvements Assessment | $0 CAD |
| Land Assessment | $5,581,768 CAD | Total Assessment | $5,581,768 CAD |
Property Taxes
Parcel Number
196139
Land Assessment
$5,581,768 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,581,768 CAD
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1020 Springdale Rd - 1.55 Ac
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