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8107 FM 973 4.11 Acres of Commercial Land Offered at $6,932,200 CAD in Austin, TX 78724

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INVESTMENT HIGHLIGHTS

  • Hard Corner on FM 973 and 130
  • Mostly level grade land with water and power available
  • 4.1 Acres not zoned and in Austin ETJ

EXECUTIVE SUMMARY

Jones Lang LaSalle Capital Markets Group (“JLL”) has been exclusively retained
by the sellers to offer potential developers the opportunity to purchase 8101
FM 973 (the “Property” or “Site”), a ±4.1073-acre land development Site in east
Austin. Situated along Toll Road 130 and FM 973, this prime location is nestled
at the southwest corner of the intersection along the most well-traveled
corridor of Austin’s East Side. The Site benefits from excellent connectivity
via major thoroughfares including FM 973, Toll Road 130, Decker Lake Road,
FM 969, Highway 290, and Highway 71 to name a few in the area. Even more
so, the Site is 5-minutes from the expanding Tesla Gigafactory and 29-minutes
from the Samsung Semiconductor manufacturing plant in Taylor. This Site
offers seamless access to Austin’s key economic hubs and attractions on the
quickly expanding and developing east side of town. The east side’s growth
and unique charm make this Site a compelling investment for developers who recognize Austin’s ongoing success story.

PROPERTY FACTS

Price $6,932,200 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Bank
  • Bar
  • Community Centre
  • Tienda de conveniencia
  • Daycare Centre
  • Drugstore
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Live or Work Unit
  • Industrial Park
  • Lodge or Meeting Hall
  • Medical
  • Motel
  • Neighbourhood Centre
  • Office Park
  • Open Space
  • Outlet Centre
  • Parking Lot
  • Planned Unit Development
  • Power Centre
  • Public Library
  • Public Park
  • Religious Facility
  • Restaurant
  • Retail Warehouse
  • Schools
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Supermarket
  • Truck Stop
  • Truck Terminal
  • Unknown
  • Utility Substation
  • Warehouse
  • Single Family Residence
Total Lot Size 4.11 AC
Zoning Austin ETJ

1 LOT AVAILABLE

Lot 3

Price $6,932,200 CAD
Price Per AC $1,686,666.71 CAD
Lot Size 4.11 AC

DESCRIPTION

Hard corner at FM 973 and Toll Road 130. Located in Austin ETJ just east of the Walter E Long Lake. This property is a 5 minute drive from Tesla, has 63K people in a 5 mile radius and is ripe for future development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
201657
Land Assessment
$130,890 CAD
Improvements Assessment
$0 CAD
Total Assessment
$130,890 CAD
  • Listing ID: 34974894

  • Date on Market: 2025-02-28

  • Last Updated:

  • Address: 8107 FM 973, Austin, TX 78724

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