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1505 W North Loop Blvd
Austin, TX 78756
Land For Sale · 0.31 AC

INVESTMENT HIGHLIGHTS

  • Great location, right off Burnet in Crestview at 1505 W. North Loop
  • LO-MU-NP zoning allows for several different redevelopment options!
  • LO-MU-NP allows for medical office, condos, apartments, general office. City allows"Affordability Unlocked" for greater density. City letter available
  • Tremendous walkabilty
  • COAustin affordable Housing programs allow greater density than proposed here

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.31 AC
No. Stories 1
Zoning LO-MU-NP

DESCRIPTION

Site Plan Completeness Check approval in hand from City! Fully SUBMITTED on NON"tree-challenged" Central Austin building site!! Just a block off Burnet Rd. in the heart of town, this existing Crestview building is a tear-down -although it is currently providing rental income as a long-established "executive suites" for licensed massage therapists. The attachments include a current survey AND a proposed SITE PLAN for an 8 unit condo project, but your COA due diligence may well uncover options providing a greater build-out on the lot by virtue of city affordable housing and urban core plans! ALSO ATTACHED in the set of documents includes topo , deed restrictions, flood map, and more. CALL for floor plans! Please take a look! Any new construction adhering to the current code will actually improve the impervious cover in that the lot is almost 100% paved now. Build under current code with existing site plan OR wait for the coming changes and probable greater density due to being steps away from the Burnet Transit Corridor! BUYER NOT LTD TO THIS SITE PLAN,OTHER USES AND DENSITY ALLOWED IF DESIRED! Medical condo, Affordability Unlocked , Mixed Use all allowed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
226337
Land Assessment
$534,160
Improvements Assessment
$0
Total Assessment
$534,160
  • Listing ID: 20688565

  • Date on Market: 8/19/2020

  • Last Updated:

  • Address: 1505 W North Loop Blvd, Austin, TX 78756

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