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10345 1/2 Lakeline blvd - Lakeline Pad Site 0.94 Acres of Commercial Land Offered at $900,000 in Austin, TX 78717
INVESTMENT HIGHLIGHTS
- Approximately 9,372 people can walk to this site within 10 minutes.
- The total estimated population within a 10 minute drive time from this site is 145,302.
- No heritage tree ordinance.
- The total weekly ridership demand for the Lakeline Station (next door) is estimated to be 2,254 people.
- Surrounded by new developments including the Tisdale at Lakeline Station, a brand new mixed use project.
- Applied Materials, NVIDIA, Apple Campus, HP, EA Games, Texas Children’s Hospital, and Dell Children’s Hospital nearby.
EXECUTIVE SUMMARY
Utilities are available at the site and the entrance (via access easement) is already built which saves the buyer a lot of money.
The zoning (PUD and TOD) offers many permitted land uses which are listed in the offering memorandum. 6 stories is the estimated building envelope maximum height.
For Residential Developers
We have a concept plan for townhomes with 21 units and 3 stories.
For Office Investors
Join these nearby employers: Apple, Dell, IBM, Microsoft, Applied Materials, Nvidia, and Q2.
For Retail Developers
Most retail sites have 1 source of traffic, which is usually based on drive times in Texas. This site has 3 major components that make up its complete retail trade area. It's walkable. There's approximately 9,372 people within a 10 minute walk time from this site. The Lakeline Station is next door and it's weekly ridership at this location is approximately 2,254 people. The last component of the retail trade area is the drive time. 145,000 people live within a 10 minute drive time from this site.
OM: https://dealvision.com/infographics/Lakeline+Pad+OM.pdf
Deal Room: https://docsend.com/view/s/uck5iviqcc3zfqa5
Story Map link: https://arcg.is/10f4fm2
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $900,000 | Lot Size | 0.94 AC |
| Price Per AC | $957,446.81 |
| Price | $900,000 |
| Price Per AC | $957,446.81 |
| Lot Size | 0.94 AC |
Land Size: 0.9445 Acres Zoning : PUD and TOD Utilities: Onsite
DESCRIPTION
Utilities are available at the site and the entrance (via access easement) is already built. The zoning (PUD and TOD) offers many permitted retail land uses. This site is poised for destination retail. Retail demand is exceptional because the retail trade area is unique and dynamic. Most retail sites have 1 source of traffic, which is usually based on drive times in Texas. This site has 3 major components that make up its complete retail trade area. It's walkable. There's approximately 9,372 people within a 10 minute walk time from this site. The Lakeline Station is next door and it's weekly ridership at this location is approximately 2,254 people. The last component of the retail trade area is the drive time. 145,000 people live within a 10 minute drive time from this site.
PROPERTY TAXES
| Parcel Number | R624738 | Improvements Assessment | $0 |
| Land Assessment | $970,169 | Total Assessment | $970,169 |
PROPERTY TAXES
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10345 1/2 Lakeline blvd - Lakeline Pad Site
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