MLK and Cedar

Description:

SRS Real Estate Partners has been exclusively retained to offer to qualified investors the rare opportunity to acquire MLK & Cedar (the “Site” or “Property”), a 1.99 acre site situated in East Austin.

The site currently includes a functionally obsolete 16,000 SF building that was formerly utilized by the Austin Cancer Center. Despite being zoned for general office, this site has favorable zoning characteristics offering investors the opportunity to acquire a sizable land tract with multiple potential uses in the heart of Austin's East Side.

Prominently located on the intersection of Martin Luther King Jr. Boulevard and Cedar Ave, the 1.99 acre site is located in the heart of the flourishing East Austin. The surrounding area is one of Austin’s most vibrant and dynamic neighborhoods that has experienced explosive year over year population growth. The property’s location allows for convenient access to Interstate 35 and walking distance to numerous restaurants and amenities. Furthermore, the University of Texas at Austin and Dell Seton Medical Center are within a mile on the west side of Interstate 35, providing exceptional access to employment and educational hubs.