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2120 S Lamar Blvd
Austin, TX 78704
2120 S. Lamar · Land For Sale · 0.28 AC
Investment Highlights
- Distinguished South Lamar Address
- Proposed 3 story, 8,026 sf building designed by Michael Hsu
- Rare shovel ready infill development site
PROPERTY FACTS
1 Lot Available
Lot
Lot Size | 0.28 AC |
Lot Size | 0.28 AC |
Description
Cushman & Wakefield’s Private Capital Group is pleased to present to the market the opportunity to purchase 2120 South Lamar Boulevard, a 0.2831-acre infill land site with exceptional visibility, access, and frontage along one of Austin’s primary retail corridors in South Austin. The property currently consists of a 630 square foot single story building with approximately 21 surface parking spaces. The site is shovel ready with building plans and a site development permit for a three story, 8,026 square foot commercial building designed by Michael Hsu. The proposed building is ideally suited for service-oriented retail, medical, or boutique office users with building signage opportunities for South Lamar exposure and visibility. The site is also suited for numerous alternative retail or hospitality uses with very limited availability for comparable sites in 78704. The property provides interim cash flows from short term leases for the existing building and parking areas providing a user or investor revenue streams while redevelopment plans are finalized.
PROPERTY TAXES
Parcel Number | 303227 | Improvements Assessment | £41,141 |
Land Assessment | £1,494,279 | Total Assessment | £1,535,420 |