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2420 S 1st St - 2420 S 1st St 1.18 Acres of Commercial Land in Austin, TX 78704
Investment Highlights
- Situated on a 1.18-acre infill site with over 50,000 SF of high-visibility frontage along S 1st Street.
- Located within an ETOD (Equitable Transit-Oriented Development) overlay, with the ability to increase density via bonus programs.
- Surrounded by established residential communities, retail corridors, and nearby employment centers, ensuring strong traffic and connectivity.
- Zoned for mixed-use and commercial services, offering flexible development potential for various uses.
- Central Austin location with convenient access to major roadways, downtown Austin, and popular neighborhoods.
- Additional assemblage opportunities available for developers seeking to expand site footprint.
Executive Summary
The property consists of a 1.18-acre parcel located on South 1st Street in Austin, Texas. It is zoned CS-1-V, LR-CO, and LO, which allows for a variety of commercial and mixed-use applications. The site is part of an ETOD district and qualifies for a density bonus program, subject to specific program conditions. The parcel benefits from an infill position with significant visible frontage and access to local road networks. Surrounding land uses include retail, residential, and employment hubs, and the property is positioned within proximity to downtown Austin.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Mixed Use |
| Property Type | Land | Total Lot Size | 1.18 AC |
| Zoning | CS-1-V LR-CO LO - Commercial Services, Vertical Mixed Use-Neighborhood Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 1.18 AC |
| Zoning | CS-1-V LR-CO LO - Commercial Services, Vertical Mixed Use-Neighborhood Commercial |
1 Lot Available
Lot
| Lot Size | 1.18 AC |
| Lot Size | 1.18 AC |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $162,961 | |
| Land Assessment | $2,384,216 | Total Assessment | $2,547,177 |
Property Taxes
Parcel Numbers
Land Assessment
$2,384,216
Improvements Assessment
$162,961
Total Assessment
$2,547,177
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2420 S 1st St - 2420 S 1st St
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