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517 N Interstate 35

0.11 Acres of Commercial Land in Austin, TX 78702

Investment Highlights

  • Heavy Traffic - Main intersection entering Downtown
  • Redvelopment Ready
  • Unparalleled Visibility

Executive Summary

Development Project for the Creatives to Maximize the utility of some highly coveted land.
Introducing an innovative development project that is available to optimize the value of a highly sought-after .1192-acre land parcel. This ambitious project capitalizes on the mixed-use concept, marrying commercial and residential spaces with optimal visibility, all housed within a strategically-located vertical structure.
Envision a ground-level retail space, to provide convenient services for occupants and customers alike, while maximizing advertising and visibility opportunities in an unbeatable location. Ascend higher, to incorporate a thoughtfully designed office spaces or residential units to accommodate a diverse range of tenants, from urban professionals to those seeking a vibrant modern living experience. Alternatively, the upper levels could be dedicated to a boutique hotel, creating a unique hospitality concept that caters to the needs of business and leisure travelers.
This imaginative blueprint for a multi-use property merges the very best of convenience, innovative design, and efficient land utilization, delivering boundless potential for value creation and growth.
Investors and potential partners should be aware that further market research and feasibility studies will be required to ensure the project's success. Additionally, an in-depth understanding of all zoning and land use regulations is essential to navigate the development process effectively.

Property Facts

Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Storefront
Total Lot Size 0.11 AC

1 Lot Available

Lot

Lot Size 0.11 AC

Corner of 6th & 35. Next Door to World Liquor, Encore Records and East Side Music School.

Description

25' Frontage on E 6th St and 100' Frontage on N IH 35 with access Development Project for the Creatives to Maximize the utility of a highly coveted land parcel. Introducing an innovative development project that is available to optimize the value of a highly sought-after .1192-acre land parcel. This ambitious project capitalizes on the mixed-use concept, marrying commercial and residential spaces with optimal visibility, all housed within a strategically-located vertical structure. Envision a ground-level retail space, to provide convenient services for occupants and customers alike, while maximizing advertising and visibility opportunities in an unbeatable location. Ascend higher, to incorporate a thoughtfully designed office spaces or residential units to accommodate a diverse range of tenants, from urban professionals to those seeking a vibrant modern living experience. Alternatively, the upper levels could be dedicated to a boutique hotel, creating a unique hospitality concept that caters to the needs of business and leisure travelers. This imaginative blueprint for a multi-use property merges the very best of convenience, innovative design, and efficient land utilization, delivering boundless potential for value creation and growth. Investors and potential partners should be aware that further market research and feasibility studies will be required to ensure the project's success. Additionally, an in-depth understanding of all zoning and land use regulations is essential to navigate the development process effectively.

Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
191643
Land Assessment
£814,217
Improvements Assessment
£0
Total Assessment
£814,217

zoning

Zoning Code TOD (TOD - See supporting Documents)
TOD (TOD - See supporting Documents)
  • Listing ID: 29384316

  • Date on Market: 28/08/2023

  • Last Updated:

  • Address: 517 N Interstate 35, Austin, TX 78702

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