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Faits saillants de l'investissement
- High-traffic location with redevelopment upside
- Owner financing available
- Adjacent to US 290 in Highway Commercial District (C-3), with 200' frontage R.O.W. (per survey)
- Strategic Proximity to Austin's expanding metro area
- Located 30-45 minutes from major Austin area employers and attractions
Résumé de l'annonce
This 20,807 SF building, built in 1968 and thoughtfully expanded in 1988, presents an outstanding redevelopment opportunity in Elgin's vibrant Highway Commercial District.
Positioned along US Highway 290 with approximately 200 feet of frontage and located within a Highway Commercial (C-3) zoning district, this property supports a wide variety of commercial uses. The configuration and access make it ideal for redevelopment into a modern retail hub, professional offices, or a mixed-use project designed to serve Elgin’s growing population and the expanding Austin metro area.
The site sits on a 34,804 SF lot in a high-traffic corridor that records approximately 47,046 vehicles per day. Its strategic location ensures strong regional connectivity—only 30 to 45 minutes from Downtown Austin, Austin-Bergstrom International Airport, and major employers such as Tesla, Samsung Semiconductor, and Dell.
Owner financing is available, and opportunities exist to collaborate with the City of Elgin regarding potential development incentives. Combined with active residential and commercial growth in the surrounding region, this property offers exceptional upside for investors, developers, and end-users seeking a presence in the thriving Greater Austin market.
Positioned along US Highway 290 with approximately 200 feet of frontage and located within a Highway Commercial (C-3) zoning district, this property supports a wide variety of commercial uses. The configuration and access make it ideal for redevelopment into a modern retail hub, professional offices, or a mixed-use project designed to serve Elgin’s growing population and the expanding Austin metro area.
The site sits on a 34,804 SF lot in a high-traffic corridor that records approximately 47,046 vehicles per day. Its strategic location ensures strong regional connectivity—only 30 to 45 minutes from Downtown Austin, Austin-Bergstrom International Airport, and major employers such as Tesla, Samsung Semiconductor, and Dell.
Owner financing is available, and opportunities exist to collaborate with the City of Elgin regarding potential development incentives. Combined with active residential and commercial growth in the surrounding region, this property offers exceptional upside for investors, developers, and end-users seeking a presence in the thriving Greater Austin market.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Taille du bâtiment
20 807 pi²
Classe d’immeuble
C
Année de construction/rénovation
1968/1988
Location
Unique
Hauteur du bâtiment
2 étages
Superficie de plancher typique
10 404 pi²
Coefficient d’occupation des sols de l’immeuble
0,60
Taille du lot
0,80 AC
Zone de développement économique
Oui
Zonage
C3 - C-1 Quartier commerçant et commerçant
Stationnement
15 places (0,72 places par 1 000 pi² loué)
1 1
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun très limités
10/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéro de lot | 12618 | Évaluation des bâtiments | 14 340 $ CAD |
| Évaluation du terrain | 484 499 $ CAD | Évaluation totale | 498 838 $ CAD |
Impôts fonciers
Numéro de lot
12618
Évaluation du terrain
484 499 $ CAD
Évaluation des bâtiments
14 340 $ CAD
Évaluation totale
498 838 $ CAD
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Présenté par
605 Hwy 290 North
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