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7710 Elroy rd - Premier Development Land Adjacent to COTA 9.86 Acres of Commercial Land Offered at $6,700,000 in Del Valle, TX 78617

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EXECUTIVE SUMMARY

This property is located in an Opportunity Zone, offering potential tax incentives for developers. Within a 5-mile radius, nearly 100 million square feet of retail, commercial, and residential projects are planned, including major developments such as Velocity (7M SF mixed-use), Greenport Airport’s World Trade Center Austin (5,000-acre industrial and technology campus), Hines’s Mirador (1,400-acre master-planned community), and KB Homes’ Stoney Ridge subdivision (500 homes). The area is also seeing significant infrastructure improvements, including the 4-lane expansion of Kellam Road and the new Maha Loop road. Positioned on a prime corner site, the property has excellent visibility and direct access to Circuit of the Americas, with close proximity to Tesla’s Gigafactory, Austin-Bergstrom International Airport, and Downtown Austin.

7710 Elroy-Offering Memorandum-01-10-2025-compressed_1

PROPERTY FACTS

Price	$6,700,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial Retail Mixed Use Multifamily Hospitality Apartment Units Hold For Development Hotel
No. Lots	1	Total Lot Size	9.86 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	UNZONED - Austin 2 Mile ETJ

Price	$6,700,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Mixed Use Multifamily Hospitality Apartment Units Hold For Development Hotel
Total Lot Size	9.86 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	UNZONED - Austin 2 Mile ETJ

1 LOT AVAILABLE

Lot

Price	$6,700,000	Lot Size	9.86 AC
Price Per AC	$679,513.18

Price	$6,700,000
Price Per AC	$679,513.18
Lot Size	9.86 AC

±9.86 acres at Elroy Rd & Circuit of the Americas Blvd with ±1,455’ frontage. Located in ETJ with no height limits, no setbacks, and utilities nearby. Opportunity Zone with prime growth potential.

DESCRIPTION

7710 Elroy Road offers a rare ±10-acre development opportunity in one of the fastest-growing corridors of Central Texas. Located adjacent to COTA, the site is positioned at the gateway to significant regional growth, with easy access to Highway 71, SH 130, and Austin-Bergstrom International Airport. The property’s Opportunity Zone designation provides attractive incentives for investors and developers seeking long-term appreciation. With no height restrictions currently in place and flexible use potential under the ETJ, the land is ideally suited for general commercial, mixed-use, hospitality, or destination entertainment projects. As surrounding developments such as Velocity and Greenport reshape Del Valle into a major commercial hub, 7710 Elroy Road presents a chance to secure a large-scale site in the path of growth—perfect for visionary developers looking to capitalize on Austin’s continued expansion.

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