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4235-4243 S Congress Ave - St. Elmo Redevelopment Site 1.73 Acres of Commercial Land Offered at $15,569,140 CAD in Austin, TX 78745



INVESTMENT HIGHLIGHTS
- Hard-Corner
- Prime redevelopment opportunity
- NOI +/- $330,420
- Cash flowing properties
- Located in one of Austin's main mixed-use hubs of new and future developments
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $15,569,140 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.73 AC |
| Property Type | Land | ||
| Zoning | CS-MU-NP | ||
| Price | $15,569,140 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.73 AC |
| Zoning | CS-MU-NP |
1 LOT AVAILABLE
Lot
| Price | $15,569,140 CAD | Lot Size | 1.73 AC |
| Price Per AC | $8,999,502.81 CAD |
| Price | $15,569,140 CAD |
| Price Per AC | $8,999,502.81 CAD |
| Lot Size | 1.73 AC |
This offering consists of three (3) adjacent, commercially zoned properties in the St. Elmo district on the South East corner of South Congress Avenue & Industrial Boulevard. Address: 4243, 4241, 4235, 4237 South Congress Ave. & Industrial Blvd.
DESCRIPTION
The information contained herein has been gathered from sources deemed reliable; however, McAllister & Associates, and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination. Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather-related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate should investigate any concerns regarding a specific real property to their satisfaction. When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of McAllister & Associates. McAllister & Associates reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. McAllister & Associates also reserves the right to refuse to show a property to a potential buyer for any reason at McAllister & Associates sole and absolute discretion.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $532,185 CAD (2025) | |
| Land Assessment | $4,794,844 CAD (2025) | Total Assessment | $5,327,029 CAD (2025) |
PROPERTY TAXES
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4235-4243 S Congress Ave - St. Elmo Redevelopment Site
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