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8503 Hillmoore

10.03 Acres of Commercial Land Offered at $4,500,000 in Austin, TX 78719

Investment Highlights

  • Austin ETJ
  • Opportunity Zone
  • Utilities Available
  • US HWY 183 Frontage

Executive Summary

Prime time investment for retail, hospitality, or industrial development. Back 6 acres open to sell back 6 acres open for industrial use and the front 4 acres are reserved for retail use. These are options if the buyer is willing to participate in the replatting process

Property Facts

Price $4,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Industrial Park
  • Service Station
  • Storefront, Retail or Office
Total Lot Size 10.03 AC
Cross Streets HWY 183
Opportunity Zone Yes

1 Lot Available

Lot

Price $4,500,000
Price Per AC $448,654.04
Lot Size 10.03 AC

10 Acre Tract, Austin ETJ, All Utilities Available (just need to be connected), ~500 ft of 183 Frontage, 25k+ VPD. 5 min south of ABIA, 15 minutes from downtown Austin, and next to revitalization area so may qualify for tax abatements!

Description

Investment Opportunity: Austin is one of the fastest-growing cities in the United States, and the demand for land in the area is only increasing. Located in an Opportunity Zone: Austin’s opportunity zones have historically given great returns to investors and may be eligible for special tax abatements since it is located in a Revitalization Area. Don’t miss out on this rare opportunity to own a 10-acre property with all the utilities included (just need to be connected) and in Austin ETJ. Adjacent tract sold and tract to the south of that parcel is currently under contract. Major development expected for the Southeast Region of Austin.

zoning

Zoning Code Austin ETJ
Austin ETJ
  • Listing ID: 27752207

  • Date on Market: 2/14/2023

  • Last Updated:

  • Address: 8503 Hillmoore, Austin, TX 78719

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