$4,000,000
( $5000.00Per Sq Foot )
 $21,473 est/mo Sourced by Back At You

6504 Wilcab Rd , Austin, TX 78721

Austin, TX 78721

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Description

Prime Location: The property is strategically located with exceptional visibility to Hwy 183, a major arterial route in the Austin metropolitan area. Its industrial zoning is in high demand, making it a top choice for investors looking to capitalize on the growing business landscape in East Austin. Proximity to Key Developments: The property's location places it in close proximity to several ongoing and proposed developments in the area. Notable projects like the Alto and Springdale Green are prime examples, showcasing the growing demand for versatile and sustainable environments in East Austin. Thriving Real Estate Market: East Austin is undergoing a transformation, with numerous office and mixed-use developments in the pipeline. The district is set to become a vibrant and desirable destination for businesses and residents alike. Please see the attached map with upcoming new developments. Influence of Giga Texas: The property's close proximity to Giga Texas, Tesla's automotive manufacturing factory on Hwy 183, has already catalyzed growth and investment in the region. This makes the property an attractive prospect for tenants and businesses associated with Tesla. Immediate Revenue: The property generates income through multiple tenants with short-term leases, providing immediate revenue for investors. This allows you to benefit from the market's growth while retaining flexibility for future development.

Details

MLS#9215418
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1965
Days On Site105
Listing Provided ByKeller Williams Realty | Dillar Schwartz

Features

SQ Feet800
Building(s)1
ZoningIndustrial Park District
Acreage1.06
Water FrontYes
Property ViewCity, Trees, Woods

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of July 25, 2024 at 12:44:55 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 4 minutes ago
StateTX
CountyTravis
CityAustin
Zip Code78721
Area5
Community NameTannehill J C
Listing VS Median (in Tannehill J C)
Price:
$4,000,000
low | high
Med:
$1,350,000
100% of Average
SqFt:
800
low | high
Med:
10,640
100% of Average
$ / SqFt:
$5,000
low | high
Med:
$616
100% of Average
On Site:
105
low | high
Med:
137.000000
76.642335766423% of Average
Sourced by Back At You
Listing Updated: July 23, 2024 at 12:34:39 PM PDT