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Investment Highlights

  • 1.64 Acres of HWY 290 Frontage
  • Corner of new 290 HWY development plan

Executive Summary

Positioned at the prominent corner of Thunderbird Rd and Highway 290, this exceptional offering combines two parcels into a single, strategic investment opportunity. Located within the highly desirable 290 corridor, this 1.64 +/- acre site benefits from outstanding visibility, strong traffic counts, and convenient ingress/egress from both US 290 frontage and Thunderbird Road. Additionally, the properties fall within the Austin LTD jurisdiction, providing further flexibility for a wide range of commercial uses. The ongoing Oak Hill Parkway project is expected to significantly enhance accessibility and traffic flow, further elevating the long-term value of this location. Currently suited for a variety of uses, the property is equipped with city water, electricity, and septic in place. Surrounded by rapid growth, including a brand-new multifamily development underway nearby, this site is ideally positioned for a convenience store, retail development, professional office, daycare, or a variety of other commercial ventures. Whether utilizing the existing improvements or pursuing new development, this is a rare opportunity to secure a highly visible, well-located asset in one of Central Texas’ most active growth corridors.

Property Facts

Price $1,480,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Convenience Store
  • Daycare Center
  • Storefront, Retail or Residential
Total Lot Size 1.64 AC

1 Lot Available

Lot

Price $1,480,000
Price Per AC $902,439.02
Lot Size 1.64 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
  • Listing ID: 33675817

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 8504 Highway 290 W, Austin, TX 78736

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