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1910 E Martin Luther King Jr Blvd
Austin, TX 78702
Land For Sale
·
0.44 AC


Executive Summary
This land parcel is in the rapidly transforming corridor extending east of IH35 that is experiencing intensive gentrification, high-density development, and major infrastructure upgrades. There is a site development plan pending City of Austin approval for up to a 40 ft. high (3 story), 23 unit, 20,324 sq.ft. condominium project. There is currently a 3,259 sq.ft. building that could be updated and rented out while a re-development plan is implemented.
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.44 AC |
| Zoning | LR-MU-V-CO-NP - allows for up to 40 ft height, 3 stories | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.44 AC |
| Zoning | LR-MU-V-CO-NP - allows for up to 40 ft height, 3 stories |
1 Lot Available
Lot
| Price | $4,455,670 CAD | Lot Size | 0.44 AC |
| Price Per AC | $10,020,082.63 CAD |
| Price | $4,455,670 CAD |
| Price Per AC | $10,020,082.63 CAD |
| Lot Size | 0.44 AC |
Level, 19,370 sq.ft. lot with all utilities in place just 6 blocks from IH35, the University of Texas at Austin campus, and downtown Austin. A site development plan has been submitted for approval for a condo development up to 20,324 sq.ft.
Description
This property is primarily being sold for its re-development potential. It has 19,370 sq.ft. of land with an existing 3,259 sq.ft. building.
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