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7710 Elroy rd - Premier Development Land Adjacent to COTA
9.86 Acres of Commercial Land in Del Valle, TX 78617
Investment Highlights
- Opportunity Zone
- Austin 2 Mile ETJ
- Privately Owned
- Hard Corner Adjacent to COTA North Entrance
Executive Summary
Nearby Expansions and Developments:
-Velocity Development: A 7 million SF development that began in 2021. Will open in phases over the next 10 years. One of the largest recent developments, surpassing Austin Green's 2.25 million SF
-Greenport Airport: Rapid expansion in recent months. Plans for a 5,000-acre "World Trade Center Austin" featuring a mixed-use industrial campus and technology park around the private airport
-Future Attractions: Rezoning could lead to a new water park and other developments near Circuit of The Americas
Local Infrastructure:
-KB Homes Stoney Ridge (Highlands): 500 rooftop subdivision down the road.
-Hines’s Mirador Mixed-Use Development: 1,400-acre project around the corner. Adjacent to a 120-acre commercial/retail development
-Transportation Corridors: Pearce and Elroy designated as major arterial corridors. 4-lane expansion down Kellam Rd. from Hwy 71 to Elroy
-Maha Loop: New loop road being constructed immediately to the east
-Surrounding Development: Nearly 100 million sq. ft. in retail, commercial, and residential (MF/SFR) development planned within 5 miles
Property Facts
1 Lot Available
Lot
| Lot Size | 9.86 AC |
| Lot Size | 9.86 AC |
This property is located just down the road from Circuit of The Americas. Situated within the 2-mile ETJ and Dry Creek East suburban watershed. *Potential to assemble up to 15 acres in total +/- with neighboring tract.*
Description
Within a 5-mile radius, nearly 100 million SF of retail, commercial, and residential development are planned, making this property a prime location for future growth. The 7 million SF Velocity Development will unfold over the next decade. Greenport Airport is planning a 5,000 acre "World Trade Center Austin" with a mixed-use industrial campus and technology park. Local infrastructure improvements include the KB Homes Stoney Ridge subdivision, Hines’s Mirador mixed-use development, and major arterial corridors like Pearce and Elroy. The 4-lane expansion of Kellam Rd. from Hwy 71 to Elroy and the new Maha Loop road to the east are underway.
PROPERTY TAXES
| Parcel Number | 299097 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,780 |
PROPERTY TAXES
zoning
| Zoning Code | UNZONED (Austin 2 Mile ETJ) |
| UNZONED (Austin 2 Mile ETJ) |
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Olivo Castillo -
Connally McKay -
Kayla Paschall -
Sierra Commercial
Presented by
7710 Elroy rd - Premier Development Land Adjacent to COTA
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