About 1221 S Interstate 35 Freeway
The property consist of three tax parcels (lots). 200 ft. frontage on the service road on the lower level and being approximately 16,200 sq. ft. of level surface with 1188 sq. ft. that can be renovated or torn down for new development. Upper portion of property that is above the green retaining wall accessed by Lupine street above. Those lots are total of 13,661 sq. ft. by survey. The upper lots are zoned SF-3 and the lower level zoned Commercial/LR. Buyer can redevelop the property and build a 3-5 story mixed use building with outstanding views of downtown city skyline. Tract is served by all utilities. Electricity, water, wastewater, telephone, natural gas and internet and cable. See aerial views from drone shots made of area. The view cannot be blocked in the future from any developments since no properties exist for development between this site and downtown. City owns only lot at NW corner at Riverside Dr. and IH 35 they converted it to dog park so will never be developed. It is the only site that could block the view from this subject property to city. Total Sq. footage of site on both levels is 28,865 sq. feet.
Other for sale in Austin, TX at 1221 S Interstate 35 Freeway. This other is priced at $1,850,000.00
Features of 1221 S Interstate 35 Freeway
| MLS® # | 6940715 |
|---|---|
| Price | $1,850,000 |
| Bathrooms | 0.00 |
| Acres | 0.35 |
| Year Built | 1964 |
| Type | Commercial Sale |
| Sub-Type | Other |
| Status | Active |
Community Information: Austin
| Address | 1221 S Interstate 35 Freeway |
|---|---|
| Area | 9 |
| Subdivision | Parkinson Lela |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78741 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Connected, See Remarks, Water Connected |
|---|---|
| Features | Sidewalks |
| Parking | Asphalt, Concrete, Direct Access, Gated, See Remarks |
| View | City Lights, City |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Fireplace | No |
Exterior
| Construction | See Remarks |
|---|---|
| Foundation | Slab |
Additional Information
| Date Listed | February 1st, 2024 |
|---|---|
| Days on Market | 87 |
| Zoning | property is zoned commerc |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Austin Premium Property |
|---|---|
| Contact Details | (512) 320-8040 |