4503 Norwood Ln 0.58 Acres of Commercial Land Offered at $400,000 in Austin, TX 78744
INVESTMENT HIGHLIGHTS
- Qualified Opportunity Zone
- Across from ABIA
- Month-to-Month lease
EXECUTIVE SUMMARY
Perfectly level lot ready for redevelopment. The lot is contiguous to 1 additional lot that can be part of the transaction. Located conveniently across from ABIA, the property is in a coveted area for businesses servicing the airport. All of the property is in a Qualified Opportunity Zone to allow for additional tax advantages for development. Existing month-to-month lease provides $1,900/month income. Current mobile home being used by landscaping company can be left or removed. Contact us soon as these properties will not last long on the market.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $400,000 |
| Price Per AC | $689,655.17 |
| Lot Size | 0.58 AC |
Perfectly level lot ready for redevelopment. The lot is contiguous to 1 additional lot that can be part of the transaction. Located conveniently across from ABIA, the property is in a coveted area for businesses servicing the airport. City utilities
DESCRIPTION
Perfectly level lot ready for redevelopment. The lot is contiguous to 2 additional lots that can be part of the transaction. Located conveniently across from ABIA, the property is in a coveted area for businesses servicing the airport. All of the property is in a Qualified Opportunity Zone to allow for additional tax advantages for development. Contact us soon as these properties will not last long on the market
