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5710 Hudson St - 5710 Hudson St

2.62 Acres of Industrial Land Offered at $3,500,000 in Austin, TX 78721

Investment Highlights

  • Unique opportunity to purchase approved infill project in dynamic East Austin
  • Zoning allows for a mix of uses including multi-family, retail, mixed-use office, hotel, etc.
  • Building permit recently expired, could be reinstated
  • City of Austin Water & Wastewater

Executive Summary

Unique opportunity to purchase approved, infill project in the dynamic East Austin. The building permits recently expired but could be reinstated.

Property Facts

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Single Family Development
Total Lot Size 2.62 AC

1 Lot Available

Lot

Price $3,500,000
Price Per AC $1,335,878
Lot Size 2.62 AC

Unique opportunity to purchase approved, infill project in the dynamic East Austin. The building permits recently expired but could be reinstated.

Description

The 2.62-acre plot of land at 5710 Hudson Street, Austin, TX 78721, presents an exceptional investment opportunity in the heart of East Austin. Its prime location, just 0.5 miles west of the 183 Toll, ensures excellent accessibility and connectivity to major transportation routes. This property is nestled in a rapidly growing and vibrant community. It is surrounded by a thriving ecosystem of significant employers and institutions, including Tesla’s Gigafactory, the University of Texas at Austin, NXP, and Samsung Semiconductors. Additionally, it is close to industry giants like Apple, Amazon, Applied Materials, BAE Systems, and Austin Energy, making it a strategic location for a commercial or residential development seeking proximity to key players in various sectors. Given its dynamic setting and flexible zoning, this land is perfect for developers looking to capitalize on East Austin’s burgeoning growth. Whether you’re considering a mixed-use development, professional office or residential condos, 5710 Hudson Street offers the potential to create a landmark project that caters to the area’s increasing demand for commercial and residential spaces. With its unique attributes and strategic location, this property is poised to attract significant interest and generate substantial returns on investment.

zoning

Zoning Code CS-MU-CO-NP (CS - General Commercial Services MU - Mixed Use Combining District CO - Conditional Overlay Combining District NP - Neighborhood Plan)
CS-MU-CO-NP (CS - General Commercial Services MU - Mixed Use Combining District CO - Conditional Overlay Combining District NP - Neighborhood Plan)
  • Listing ID: 33677285

  • Date on Market: 12/20/2023

  • Last Updated:

  • Address: 5710 Hudson St, Austin, TX 78721

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