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- LoopNet Team
815 W 11th St
Austin, TX 78701
Land For Sale
·
0.15 AC
INVESTMENT HIGHLIGHTS
- Rare downtown lot in 78701
- Site plan submitted to accommodate an approximately 9651 SF office building of which one floor is residential
- Closed to the court house and amenities
PROPERTY FACTS
DESCRIPTION
*Land for Sale in Prime Downtown Austin Location* Exceptional opportunity to acquire land in the highly desirable 78701 zip code, conveniently located just 0.3 miles from the courthouse at 1000 Guadalupe and in the hub of the vibrant central business district for known for its restaurants, cultural spaces, shopping and nightlife. The property, zoned DMU-CO, covers 0.149 acres. This is a prime investment opportunity for owner-occupants or developers seeking a premier location in downtown Austin. A site plan has been submitted by developers for a building envelope to accommodate a 4-story building including sub-grade and first floor parking. The proposed design includes 9,651 SF building with two floors dedicated to office space, with a residential unit occupying the top floor. The list price is for the land only. Architectural renderings feature a contemporary, sprinkler-equipped structure standing 40 feet tall. The design features parking facilities on the ground floor and an underground level, providing a total of 25 spaces. Additionally, the plans showcase 1,538 square feet of deck space spread across three floors, offering an exceptional indoor/outdoor connection.
PROPERTY TAXES
| Parcel Number | 196611 | Improvements Assessment | $0 |
| Land Assessment | $640,000 | Total Assessment | $640,000 |
PROPERTY TAXES
