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1701 E Anderson Ln 4.22 Acres of Commercial Land Offered at $4,000,000 in Austin, TX 78752
Investment Highlights
- 4.22 acres of premier development potential, suitable for various film studio or postproduction offices, standalone retail, or small strip center.
- Prime location, as Austin has been the most actively developed retail market in the country for a third consecutive year on a percentage basis.
- Vibrant node within a 10-mile radius, with 361,468 households, average incomes over $105K, and $11.3B in annual spending, rising to $13.5B by 2029.
- Exceptionally well-connected with direct access to US 183, access to nearby Austin airport, I-35, and Highway 290, with exposure to over 68,200 VPD.
- Sought-after city for its consistent, high-occupancy retail and financial centers, strong tech trade, as well as Austin’s burgeoning film industry.
- Centrally located between a dense commercial development corridor, next to reputable employers such as Tesla and the H-E-B Austin regional office.
Executive Summary
With 4.22 acres of prime commercial land,1701 E Anderson Lane is zoned GR-NP (Community Commercial), ideal for production studios, freestanding retail, or strip center development. Don't miss the opportunity to enter a competitive market that's among the most actively developed.
1701 E Anderson Lane is on the US 183 frontage road, which sees a traffic count of 68,264 vehicles per day (VPD), setting future developments up for maximum visibility. In addition, Interstate 35 is 1 mile away, and 0.7 miles from Highway 290, granting exceptional accessibility. Leverage the booming corridor, surrounded by apartment complexes, numerous public and private schools, and highly rated employers. Nationally recognized brands encompass the site, including Walmart Supercenter, Academy Sports, Target, McDonald's, and more.
1701 E Anderson Lane is well-supported by the flourishing population, which has been growing continuously, rising 16% over the last four years within a 10-mile radius. A highly affluent consumer base sits in that same range, with an average household income of $105,190 and annual spending of $11,305,565,572. For owners looking to build and occupy the new development, a skilled, deep labor pool is available, with nearly half (49%) of the population holding a bachelor's degree or higher.
1701 E Anderson Lane is on the US 183 frontage road, which sees a traffic count of 68,264 vehicles per day (VPD), setting future developments up for maximum visibility. In addition, Interstate 35 is 1 mile away, and 0.7 miles from Highway 290, granting exceptional accessibility. Leverage the booming corridor, surrounded by apartment complexes, numerous public and private schools, and highly rated employers. Nationally recognized brands encompass the site, including Walmart Supercenter, Academy Sports, Target, McDonald's, and more.
1701 E Anderson Lane is well-supported by the flourishing population, which has been growing continuously, rising 16% over the last four years within a 10-mile radius. A highly affluent consumer base sits in that same range, with an average household income of $105,190 and annual spending of $11,305,565,572. For owners looking to build and occupy the new development, a skilled, deep labor pool is available, with nearly half (49%) of the population holding a bachelor's degree or higher.
Property Facts
| Price | $4,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.22 AC |
| Property Type | Land | ||
| Zoning | GR-NP - Commercial | ||
| Price | $4,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.22 AC |
| Zoning | GR-NP - Commercial |
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 4.22 AC |
| Price Per AC | $947,867.30 |
| Price | $4,000,000 |
| Price Per AC | $947,867.30 |
| Lot Size | 4.22 AC |
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Wendy's | - | - | 9 min walk |
| Midtown Live Sports Cafe | Cafe | $$ | 12 min walk |
Retail |
||
|---|---|---|
| Circle K | Convenience Market | 8 min walk |
| Family Dollar | Dollar/Variety/Thrift | 13 min walk |
Hotels |
|
|---|---|
| WoodSpring Suites |
122 rooms
5 min drive
|
| Sleep Inn |
82 rooms
4 min drive
|
| Candlewood Suites |
81 rooms
5 min drive
|
| Uptown Suites |
130 rooms
6 min drive
|
Property Taxes
| Parcel Number | 230725 | Improvements Assessment | $0 |
| Land Assessment | $2,205,876 | Total Assessment | $2,205,876 |
Property Taxes
Parcel Number
230725
Land Assessment
$2,205,876
Improvements Assessment
$0
Total Assessment
$2,205,876
About the Seller
Read More
Sale Advisor
Sale Advisor
Kat Sparks, Commercial Real Estate - Sales, Leasing
Kat Sparks has over 12 years experience as a commercial real estate agent, specializing in tenant/buyer representation in both office and retail leasing.
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1701 E Anderson Ln
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