1221 S Interstate 35 Freeway, Austin

$1,850,000

0 Beds
0 Baths
0 Sqft
.35 Acres
0 Garages

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.

Essential Information
MLS® #6940715
Price$1,850,000
Bathrooms0.00
Acres0.35
Year Built1964
TypeCommercial Sale
Sub-TypeOther
StatusActive
Community Information
Address1221 S Interstate 35 Freeway
SubdivisionParkinson Lela
CityAustin
CountyTravis
StateTX
Zip Code78741
Amenities
FeaturesSidewalks
ViewCity Lights, City
Utilities

Cable Available, Electricity Connected, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Connected, See Remarks, Water Connected

Parking

Asphalt, Concrete, Direct Access, Gated, See Remarks

Interior
HeatingNone
Exterior
ConstructionSee Remarks
FoundationSlab
Additional Information
Zoningproperty is zoned commerc
Listing Details
Contact Details(512) 320-8040
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Property Listed by: Austin Premium Property

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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 8th, 2024 at 3:17pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

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