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301 W Anderson Ln - SB840 / Redevelopment opportunity -3.03 Acre 15,776 SF Specialty Building Offered at $6,950,000 in Austin, TX 78752

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Investment Highlights

  • Prime Highway 183 frontage with strong visibility and traffic exposure.
  • Flexible redevelopment potential for storage, multifamily or retail uses.
  • +/-1.53 acre (+/-66,640 SF) site positioned within a rapidly growing redevelopment corridor.
  • FOR SALE OR LEASE

Executive Summary

Exceptional opportunity to acquire a ±3.03-acre site with direct frontage along Highway 183, offering outstanding visibility and access. The property is strategically located within a corridor experiencing significant planned and future multifamily development, positioning it well for self-storage, multifamily, or retail redevelopment.
The site includes an existing church facility totaling approximately 11,356 square feet per TCAD, providing potential for interim income or redevelopment. With strong traffic exposure, surrounding growth, and prominent Highway 183 frontage, this property presents a compelling opportunity for both investors and owner-users seeking a presence in a rapidly evolving submarket.

Data Room Click Here to Access

Property Facts

Price $6,950,000
Price Per SF $440.54
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Schools
Building Class B
Lot Size 1.53 AC
Building Size 15,776 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 5.32/1,000 SF
Opportunity Zone Yes
Zoning CS-CO
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
236509
Land Assessment
$3,954,780
Improvements Assessment
$3,835,452
Total Assessment
$7,790,232
  • Listing ID: 31313844

  • Date on Market: 3/24/2024

  • Last Updated:

  • Address: 301 W Anderson Ln, Austin, TX 78752

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