Lamar TOD / Mixed-Use Dev.
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Property Type:
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Retail-Commercial
for Sale
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| Building Size (RSF): |
37,462 SF
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| Sale Price: |
$1,498,000 |
| Unit Price: |
$39.99 Per SF |
| Property Status: |
Proposed |
| Gross Building Area (GBA): |
37,462 SF |
| Total Land Size: |
0.86 Acres |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
11/13/2009 |
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This "Transit Oriented Development" property is primed for re-development. The property is zoned "TOD Mixed Use" which is the most intensely developed land use zone. The zoning is expressed as high density residential over active ground-floor uses, such as retail or office. The "active edges" area and retail frontages of this property are on major streets; N. Lamar, Williams St., and Shirley Avenue. With extremely high vehicle and pedestian traffic leading to and from the transit station, maximum visibility is guaranteed.
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| Nearest MSA: |
Austin-Round Rock |
| County: |
Travis |
| Submarket Type: |
Redevelopment District |
| Property Use Type: |
Business, Investment |
| Zoning: |
TOD Mixed Use |
| Market Type: |
Large |
| Retail Clientele: |
Business, Family, General, Tourist, Traveler |
| Property Located Between: |
Airport Blvd. and N. Lamar |
| Side of Street: |
East |
| Road Type: |
2-Track, Paved |
| Property Visibility: |
Excellent |
| Street Name: |
North Lamar |
| Feet of Frontage: |
100 |
| Vehicle Count: |
47,552 |
| Transportation: |
Bus, Highway, Rail, Taxi |
| Highway(s) Access: |
Property is approximately one mile from two major highways; IH 35 to the east and US 183 to the north. |
| Site Description: |
Site is presently supporting a personal walk and drive up storage facility managed on site and built in 1951. Site is ready for re-development. |
| Area Description: |
The site is in the Lamar/Justin TOD, a Capital Metro Train Station and Depot with a strong mixed-use center at the N. Lamar/Airport Blvd. intersection. A high density development is soon to be under construction on the north side of the train station with single and multi-family residential construction as well as office and commercial applications. Located just south of the depot, this property is primed for retail and/or office ground level with multi-family or condo development above up to sixty feet. |
| Heat Type: |
Other |
| Zoning Description: |
Lamar Transit TOD Mixed Use |
| Lot Frontage (Feet): |
100f |
| Lot Depth: |
285f |
| Topography: |
Level |
| Soil Type: |
Mixed |
| Easements: |
Other |
| Land Ownership |
owned |
| Legal Description: |
Lots 12, 13, 17, 18, & 19 on Blk C / Wallace Survey between N. Lamar and Shirley Ave., Austin, Texas.
Travis County Property ID Numbers: 232227, 232230, 232231, 232232 |
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| Note: The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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