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1812 Parmer Ln - 1.857 Acre Commercial Pad 1.85 Acres of Commercial Land Offered at $935,000 in Austin, TX 78754
INVESTMENT HIGHLIGHTS
- 1.857 acres platted and water detention in place
- Well-positioned between IH-35/Tech Ridge and SH 130
- Great for office, office flex or destination retail/commercial
- Synergistic commercial location, influenced by the intersection of Dessau and E. Parmer
- Within minutes of Samsung, Dell, Qualcom, BAE and GM, with dense retail service and residential development in the area
EXECUTIVE SUMMARY
SVN | Traditions is pleased to offer the market this 1.857 acre commercial site, ideally suited for office, medical office, office flex or destination retail. This inner east Austin market is emerging in a big way, particularly in the immediate area, with over 1,000 new apartment units planned near the existing Samsung Semiconductor facility and the expansive choices of retail services associated with the Shops at Tech Ridge along IH-35. There are a number existing single family residential developments with new ones on the horizon.
The flag-shaped lot is positioned at the rear of CSL Plasma and currently accessible via an access easement across the main drive and parking areas of CSL Plasma. The site possesses a 15' undeveloped, fee-owned lane on the west side of CSL Plasma. The site is shovel ready and benefits from water detention built for CSL Plasma.
The flag-shaped lot is positioned at the rear of CSL Plasma and currently accessible via an access easement across the main drive and parking areas of CSL Plasma. The site possesses a 15' undeveloped, fee-owned lane on the west side of CSL Plasma. The site is shovel ready and benefits from water detention built for CSL Plasma.
PROPERTY FACTS
| Price | $935,000 | Proposed Use | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 1.85 AC |
| No. Lots | 1 | Cross Streets | Dessau |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | Austin ETJ | ||
| Price | $935,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.85 AC |
| Cross Streets | Dessau |
| Opportunity Zone |
Yes |
| Zoning | Austin ETJ |
1 LOT AVAILABLE
Lot
| Price | $935,000 | Lot Size | 1.85 AC |
| Price Per AC | $505,405.41 |
| Price | $935,000 |
| Price Per AC | $505,405.41 |
| Lot Size | 1.85 AC |
DESCRIPTION
The site is located on the north side of E. Parmer Lane, 900' southeast of Dessau Road. There is a cross access ingress/egress over the CSL Plasma property, in addition to the 15' undeveloped fee-owned lane on the west side of the CSL Plasma property. Primary access would be use of the ingress/egress easement.
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PROPERTY TAXES
| Parcel Number | 921626 | Improvements Assessment | $0 |
| Land Assessment | $1,213,140 | Total Assessment | $1,213,140 |
PROPERTY TAXES
Parcel Number
921626
Land Assessment
$1,213,140
Improvements Assessment
$0
Total Assessment
$1,213,140
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1812 Parmer Ln - 1.857 Acre Commercial Pad
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