1725 Toomey Rd - Commercial LAND FOR SALE


Austin, TX 78704- Zilker39,265 SF
$19,000,000 USD
512-574-6707
1725 Toomey Rd, Austin, TX for Sale
$19,000,000 USD
Commercial LAND - FOR SALE
1/5
39,265 SF

1725 Toomey Rd
Austin, TX 78704
Zilker


HIGHLIGHTS

  • Steps from Hike and Bike Trail
  • 90' Zoning in-place
  • 170k SF redevelopment potential

OVERVIEW

Prime located asset with 90' vertical potential. Sitting at the corner of Sterzing St and Toomey Rd, this unicorn site is steps from the Butler Shores Hike and Bike Trail, Barton Springs Rd Restaurants, and Zilker Park. Built in 1967, the property remains fully operational, providing an opportunity to add value and increase rents in the near term, or tear down for a ~170k SF Class A apartment/condo development on one of the most sought after corners in Austin, TX

FOR SALE DETAILS

PRICE

$19,000,000 USD

PRICE/ACRE

$21,078,314/AC

PRICE/SF

$484 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

0.9 AC

LAND SF

39,265 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MF-6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peyton SmithFirst Austin PropertiesMore Info
512-574-6707

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Peyton SmithFirst Austin PropertiesMore Info
512-574-6707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.