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Corner Pad - Drastic Price Reduction

5101 Springdale Road, Austin, TX 78723

View of Subject Looking West Along East 51st Street
  • $299,000
  • 64,935 SF
  • Land
  • Retail-Pad (land)
  • Free Standing Bldg
    Street Retail
    Retail Pad
  • Vacant/Owner-User
  • 02172210220000
  • GR-CO-NP(3)
    • Electricity/Power
    • Water
    • Telephone
    • Cable
    • Gas/Propane
Last Verified  7/2/2009 Listing ID  15176186

1 Lot Available

Lot 1

  • $299,000
  • 64,935 SF
  • $4.60
  • Retail-Pad (land)
  • 3%

Highlights

  • Great exposure and traffic in high-growth area
  • Rectangular, level pad with moderate trees
  • All utilities to site or nearby
  • Close to CBD, IH-35 and Mueller Redevelopment
  • Billboard lease conveys with property
  • Ideal pad site for c-store with gas pumps

Description

Price drastically reduced for quick sale!!! Prime corner commercial / retail pad site is located opposite the Woodlands of Austin, a huge new luxury student condo project to be built soon. This project will be in the northeast quadrant of East 51st Street and Springdale Road across from the subject. See attached link for more info. Subject site contains +/- 1.49 acres or 64,948 SF. Zoning allows most retail and commercial uses including convenience store (no gas pumps), auto parts store, free-standing buildings and typical retail strip centers. Many new residential developments in surrounding area. New Main Street Homes "Senate Hills" subdivision is located to the immediate east. Please see attached aerials. The attached document "Pecan Springs-Springdale zoning ordinance" identifies prohibited and conditional land uses within the subject's neighborhood plan. The subject property is identified as Tract No 20 and the prohibited uses are pawn shops, automotive service and repair as well as car wash facilities. Convenience stores (no gas pumps) are allowed. Billboard lease conveys with property. Ask broker for details.

Property address is 5101 Springdale Road, Austin, TX 78723 which is the northwest corner of Springdale Road and East 51st Street a short distance east of Manor Road and the huge new Mueller Airport redevelopment with thousands of new homes and apartment units. Tract is basically level and rectangular. Dense new residential developments being built in surrounding area. Good traffic count at this corner. High growth area with tons of rooftops.

Map of 5101 Springdale Road, Austin, TX 78723 (Travis County)

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Presented by

Blunt Commercial Properties

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Contact Listing Broker
John W. Blunt (512) 292-3377
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Created 6/10/2007
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