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508 Innovation Way 120,000 SF Vacant 4-Star Industrial Building Elgin, TX 78621 For Sale
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 120,000 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 2027 |
| Building Class | A | Clear Ceiling Height | 24’ |
| Lot Size | 5.00 AC | No. Dock-High Doors/Loading | 2 |
| Construction Status | Proposed | Opportunity Zone |
Yes
|
| Zoning | IL - Industrial Light | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | A |
| Lot Size | 5.00 AC |
| Construction Status | Proposed |
| Rentable Building Area | 120,000 SF |
| No. Stories | 1 |
| Year Built | 2027 |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Zoning | IL - Industrial Light |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Elgin Business Park presents a shovel-ready investment opportunity in a rapidly growing corridor east of Austin. Spanning roughly 33 acres, this industrial land is fully entitled and equipped with essential utilities, including water and wastewater, to support immediate development. Positioned between Tesla’s Gigafactory and Samsung’s fabrication campus, the business park offers unmatched regional connectivity via U.S. Highway 290 and proximity to Austin-Bergstrom International Airport. The property resides within an Opportunity Zone and benefits from Triple Freeport tax exemptions, making it attractive for investors seeking long-term value with tax advantages. Expedited 90-day permitting accelerates time-to-market, while zoning for employment centers aligns with regional economic development priorities. Businesses will find ample room for operations here, with parcels ready to accommodate industrial, distribution, and research uses, supported by strong local labor pools and proactive municipal support.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 30,000-120,000 SF | Industrial | - | Jul 2027 |
1st Floor
| Size |
| 30,000-120,000 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Jul 2027 |
1st Floor
| Size | 30,000-120,000 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Jul 2027 |
Elgin Business Park presents a shovel-ready investment opportunity in a rapidly growing corridor east of Austin. Spanning roughly 33 acres, this industrial land is fully entitled and equipped with essential utilities, including water and wastewater, to support immediate development. Positioned between Tesla’s Gigafactory and Samsung’s fabrication campus, the business park offers unmatched regional connectivity via U.S. Highway 290 and proximity to Austin-Bergstrom International Airport. The property resides within an Opportunity Zone and benefits from Triple Freeport tax exemptions, making it attractive for investors seeking long-term value with tax advantages. Expedited 90-day permitting accelerates time-to-market, while zoning for employment centers aligns with regional economic development priorities. Businesses will find ample room for operations here, with parcels ready to accommodate industrial, distribution, and research uses, supported by strong local labor pools and proactive municipal support.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $501,230 | Total Assessment | $501,230 |
Property Taxes
Presented by
508 Innovation Way
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