10400 Menchaca Rd
Austin, TX 78748
Lustre Pearl South · Land For Sale
·
2.86 AC
INVESTMENT HIGHLIGHTS
- Redevelopment
- Investment Opportunity
- Lease Back
PROPERTY FACTS
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.86 AC |
| Zoning | ETJ - Located in Austin’s ETJ allowing investors the opportunity to acquire a sizable land tract with limited development hurdles |
DESCRIPTION
2.86 acre developable site in South-Central Austin that is currently leased to one of Austin’s most iconic bar concepts - Lustre Pearl South (the “Tenant”). Lustre Pearl South features 8,245 SF of existing improvements that include a traditional Texas Ice House with a live music stage & big screen televisions, an upscale event space, as well as an expansive outdoor area shaded by mature oak trees.
PROPERTY TAXES
| Parcel Number | 347040 | Improvements Assessment | $514,225 |
| Land Assessment | $997,000 | Total Assessment | $1,511,225 |
