49 Acre Industrial and/or MF Development Site

$13,940,965

McAngus Road, Austin, TX 78617

For Sale

Land Commercial

Pending

Last Updated: 12/05/2024

Details:

Lot Area: 49.237 acres

Price Per Sqft: $6.50

Zoning: None

Offered by

Spencer Collins

Broker

McAllister & Associates

#345335

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Highlights:

Opportunity Zone
1,120 feet of frontage on McAngus Road
Close proximity to Tesla Gigafactory, ABIA and COTA
All utilities available through the City of Austin

Description:

Ideal Industrial and/or multi-family (MF) tract in the booming Tesla sub-market. This listing is located in a Texas Opportunity Zone and has close proximity to Tesla, Gigafactory, ABIA, and COTA. No portion of the Property lies within the 100 year floodplain. There is a cell tower located on the NE corner of the Property that the seller desires to retain. It is not included in the acreage. The Airport Overlay Zone 3 (AO-3) is on the western 75% of the property and it precludes any residential development however the eastern 25% (approximately 12 acres) would be ideally suited for an MF garden-style product. Seller has indicated a willingness to accept offers on the MF portion only.