1221 S Interstate 35 FWY Active Save Request In-Person Tour Request Virtual Tour
Austin,TX 78741
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 28,965 sqft
Price per Sqft $63
Subdivision Parkinson Lela
MLS Listing ID 6940715
Year Built 1964
Annual Tax Amount $10,365
Tax Year 2024
Lot Size 0.352 Acres
Property Description
The property consist of three tax parcels (lots). 200 ft. frontage on the service road on the lower level and being approximately 16,200 sq. ft. of level surface with 1188 sq. ft. that can be renovated or torn down for new development. Upper portion of property that is above the green retaining wall accessed by Lupine street above. Those lots are total of 13,661 sq. ft. by survey. The upper lots are zoned SF-3 and the lower level zoned Commercial/LR. Buyer can redevelop the property and build a 3-5 story mixed use building with outstanding views of downtown city skyline. Tract is served by all utilities. Electricity, water, wastewater, telephone, natural gas and internet and cable. See aerial views from drone shots made of area. The view cannot be blocked in the future from any developments since no properties exist for development between this site and downtown. City owns only lot at NW corner at Riverside Dr. and IH 35 they converted it to dog park so will never be developed. It is the only site that could block the view from this subject property to city. Total Sq. footage of site on both levels is 28,865 sq. feet.
Location
State TX
County Travis
Zoning property is zoned commercial /LR commercial on the frontage road and upper lots zone SF-3
Interior
Heating None
Cooling None
Exterior
Utilities Available Electricity Connected,High Speed Internet,Natural Gas Available,Phone Available,Sewer Connected,Water Connected,See Remarks
Waterfront No
View City,City Lights,See Remarks
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type See Remarks
New Construction No
Others
Acceptable Financing Cash,Committed Money,Conventional
Listing Terms Cash,Committed Money,Conventional
Special Listing Condition Standard