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INVESTMENT HIGHLIGHTS
- Great development opportunity near F1 racetrack and Airport
- Highly visible property with high volume traffic
- Rapid population growth in the last 5 years
- Well located off Hwy 71 and minutes away from Hwy 130
- Minutes to new major developments
- Strong demand for multifamily, retail and industrial developments within the area
EXECUTIVE SUMMARY
With over 400,00 SF to develop and 1,400 feet of frontage on Kellam Rd, this site is hard to miss when traveling down Highway 71 or Kellam Rd. With multiple developments and easy accessibility, this site presents a great opportunity for a developer to get in on the action in the quickly developing Southeast Austin area.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 9.26 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | ETJ | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 9.26 AC |
| Opportunity Zone |
Yes |
| Zoning | ETJ |
1 LOT AVAILABLE
Lot
| Lot Size | 9.26 AC |
| Lot Size | 9.26 AC |
9.26 acres off Highway 71 and Kellam Road located close by to Austin’s F-1 Race Track and Airport.
DESCRIPTION
9.26 acres off Highway 71 and Kellam Road located close by to Austin’s F-1 Race Track and Airport. The site is highly visible from Hwy 71 in Austin’s Extraterritorial Zoning Jurisdiction with utilities near by, making this development site an attractive and flexible opportunity for a developer. Within 5 miles from Circuit of the Americas, the centerpiece of a new $2 billion entertainment and hospitality district. Anchored in Southeast Austin’s rapidly expanding growth corridor, the property is surrounded by large-scale projects such as Austin-Bergstrom International Airport (4.5 miles), ATX 130 (600K of industrial space -4.9 miles), Velocity Mixed-Use Project (7M SF of mixed-use – 3.5 miles), Tesla (5 miles), Mirador Development (4,000 single-family homes and apartments across 1,400 acres – 5.5 miles), COTALAND (5 miles), and many more. With over 400,00 SF to develop and 1,400 feet of frontage on Kellam Rd, this site is hard to miss when traveling down Highway 71 or Kellam Rd. With multiple developments and easy accessibility, this site presents a great opportunity for a developer to get in on the action in the quickly developing Southeast Austin area.
PROPERTY TAXES
| Parcel Number | 935294 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,699,400 CAD | Total Assessment | $1,699,400 CAD |
PROPERTY TAXES
Presented by
HIGHWAY 71 & KELLAM ROAD
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