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1200 Gibson Lane - South Austin Skyline View Development Site 0.14 Acres of Commercial Land in Austin, TX 78704

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Investment Highlights

PRIME CENTRAL AUSTIN LOCATION
BREATHTAKING VIEWS OF AUSTIN SKYLINE
UNDERSERVED CONDO SUBMARKET

ATTRACTIVE MIXED-USE ZONING IN-PLACE
FULL BUILDING PLANS & INFRASTRUCTURE IN PLACE
CLOSE PROXIMITY TO MAJOR EMPLOYERS

Executive Summary

Walker & Dunlop Investment Sales (“WDIS”) is proud to present a 0.1435-acre urban infill development site located in an irreplaceable South Central Austin location, one (1) block east of South Lamar Boulevard at 1112 South 8th Street, Austin, TX 78704. The Property is currently improved with a 2,800 square foot retail building constructed in 1984, occupied by two (2) tenants on month-to-month leases.
The Property’s zoning (CS-1-MU-V-CO-DB90) provides a highly flexible and dense development envelope, allowing for a vertical mixed-use project of up to 90 feet in height.
This entitlement supports a range of development strategies, including boutique multifamily with ground-floor retail, for-sale condominiums, or a hybrid mixed-use concept tailored to the surrounding high-income demographic. Given the site’s compact footprint and immediate proximity to South Lamar Boulevard, developers are uniquely positioned to deliver an efficient, design-forward project that capitalizes on skyline views of Austin’s CBD, exceptional walkability, and strong end-user demand.

OM - South Austin Skyline View Development Site

Property Facts

Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Hold For Development Hold For Investment Medical Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Unknown
Property Type	Land	Total Lot Size	0.14 AC
Zoning	CS-1-MU-V-CO-DB90 - Highly flexible and dense development envelope, allowing for a vertical mixed-use project of up to 90 feet in height.

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units Apartment Units - Condo Hold For Development Hold For Investment Medical Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Unknown
Total Lot Size	0.14 AC
Zoning	CS-1-MU-V-CO-DB90 - Highly flexible and dense development envelope, allowing for a vertical mixed-use project of up to 90 feet in height.

1 Lot Available

Lot

Lot Size	0.14 AC

Lot Size	0.14 AC

Description

The Property offers immediate access to South Lamar (“SoLa”), South Congress (“SoCo”), and Downtown Austin, placing it within close proximity to some of the city’s most sought-after dining, retail, and entertainment destinations, including Odd Duck, Uchi, and Terry Black’s BBQ. Located less than a five-minute drive from Downtown, the site is well-connected via Barton Springs Road and Highway 290/71, providing seamless access to major employers such as Google, Meta, and Indeed. The Property also benefits from proximity to Austin’s premier outdoor amenities, including Zilker Park, Barton Springs Pool, Lady Bird Lake, and the Butler Hike-and-Bike Trail, further enhancing its residential appeal and long-term value proposition.

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