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6981 McKinney Falls Pky - McKinney Falls 7 Acres 7 Acres of Commercial Land Offered at $4,883,200 CAD in Austin, TX 78744
INVESTMENT HIGHLIGHTS
- Fully entitled, shovel-ready 7-acre site approved for 94,600 SF self-storage (7 buildings)
- High traffic count w/ ~9,754 vehicles/day
- Strong mix of residential and retail demand drivers w/ CVS nearby and future HEB planned at McKinney Falls Pkwy & E William Cannon
- Prime Southeast Austin growth corridor located 5 mi to ABIA · 12 mi to Tesla · 8 mi to Downtown Austin
- 0.25 mi from Easton Park (14,300 planned homes, 5.35M SF commercial)
EXECUTIVE SUMMARY
Why This Property Stands Out:
- Speed to Market – Fully permitted with site plan approvals in place, saving months of entitlement work.
- Location – Only 5 miles from Austin-Bergstrom International Airport, 8 miles from Downtown Austin, and 12 miles from the Tesla Gigafactory.
- Surrounding Growth – Within 0.25 miles of Easton Park, a master-planned community bringing 14,300 homes and over 5 million square feet of commercial space.
- High-Density Residential Base – Immediate area includes over 800 apartment units within a mile, plus senior living directly adjacent.
- Retail Momentum – CVS is already operating nearby, and HEB has acquired and planned a major grocery store location just blocks away.
With population growth in Southeast Austin outpacing the city average, and major employers and infrastructure driving continued demand, the need for quality self-storage facilities is on the rise. This property’s combination of entitlements, strategic positioning, and nearby demand drivers makes it a great investment for developers seeking a quick turnaround from acquisition to revenue.
PROPERTY FACTS
| Price | $4,883,200 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.00 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | ETJ - Unzoned | ||
| Price | $4,883,200 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.00 AC |
| Opportunity Zone |
Yes |
| Zoning | ETJ - Unzoned |
1 LOT AVAILABLE
Lot
| Price | $4,883,200 CAD | Lot Size | 7.00 AC |
| Price Per AC | $697,600.01 CAD |
| Price | $4,883,200 CAD |
| Price Per AC | $697,600.01 CAD |
| Lot Size | 7.00 AC |
Fully entitled, shovel-ready 7-acre site at 6981 McKinney Falls Pkwy, Austin, TX. Approved for 94,600 SF self-storage in a high-growth area near Easton Park, CVS, and future HEB. Prime location with strong residential and retail demand.
DESCRIPTION
McAllister & Associates and Engel & Völkers are pleased to present McKinney Falls Storage located at 6981 McKinney Falls Parkway in Austin, Texas. This is a fully entitled, shovel-ready development opportunity approved for 94,600 square feet of self storage. This 7-acre parcel sits in one of Austin’s fastest-growing corridors, offering exceptional access, visibility, and proximity to major residential and commercial growth. Prime Southeast Austin location strategically located just: - 5 miles from Austin-Bergstrom International Airport (ABIA) - 12 miles from the Tesla Gigafactory - 8 miles from Downtown Austin With a daily traffic count of approximately 9,754 vehicles, the site benefits from steady exposure and ease of access. The fully approved development/ shovel-ready site plan includes seven buildings totaling 94,600 square feet: - 55,000 SF multi-story climate-controlled facility - 25,350 SF non-climate-controlled units - Total of 69,250 SF climate-controlled space All entitlements and permits for self-storage are in place, allowing a developer to begin construction immediately. The property is positioned less than a quarter-mile from Easton Park, a master-planned community set to deliver approximately 14,300 residential units and 5.35 million square feet of commercial space. Directly adjacent is Limestone Ridge Senior Apartments (225 units), and within a short radius are McKinney Falls Apartments (312 units) and Meadows Apartments (288 units), representing a strong built-in customer base for storage. The site is also near a growing retail hub, anchored by an existing CVS Pharmacy and the future HEB grocery store planned for the nearby intersection of McKinney Falls Parkway and East William Cannon Drive. HEB has broken ground with an expected completion date of 2027, signaling major retail investment in the immediate trade area. This combination of location, approvals, and surrounding growth creates a unique opportunity for investors and developers to capitalize on Southeast Austin’s sustained population and commercial expansion. The fully entitled status minimizes pre-construction risk and timelines, while the location ensures long-term demand from nearby residential and retail activity.
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6981 McKinney Falls Pky - McKinney Falls 7 Acres
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