Overview
- Property ID
- 1035158
- 1 ac
Description
Prime Location:
The property is strategically located with exceptional visibility to Hwy 183, a major arterial route in the Austin metropolitan area. Its industrial zoning is in high demand, making it a top choice for investors looking to capitalize on the growing business landscape in East Austin.
Proximity to Key Developments: The property’s location places it in close proximity to several ongoing and proposed developments in the area. Notable projects like the Alto and Springdale Green are prime examples, showcasing the growing demand for versatile and sustainable environments in East Austin.
Thriving Real Estate Market:
East Austin is undergoing a transformation, with numerous office and mixed-use developments in the pipeline. The district is set to become a vibrant and desirable destination for businesses and residents alike. Please see the attached map with upcoming new developments.
Influence of Giga Texas: The property’s close proximity to Giga Texas, Tesla’s automotive manufacturing factory on Hwy 183, has already catalyzed growth and investment in the region. This makes the property an attractive prospect for tenants and businesses associated with Tesla.
Immediate Revenue:
The property generates income through multiple tenants with short-term leases, providing immediate revenue for investors. This allows you to benefit from the market’s growth while retaining flexibility for future development.
- Principal and Interest
- Property Tax
- HOA fee