512-656-8521
914 Shady Ln, Austin, TX for Sale
Commercial LAND - FOR SALE
1/17
104,980 SF

914 Shady Ln
Austin, TX 78702


HIGHLIGHTS

  • Office, Retail, Mixed Use Condominium, Restaurant, Medical, Bed & Breakfast
  • Service Extension Request Completed
  • Removal of FEMA Floodplain to Boogy Creek Channel Confirmed by City
  • Affordability Unlocked and by Rights allows up to 90 feet on Tract 2B and 50% density bonus on Tract 2A
  • Tree Survey Available
  • Qualified Opportunity Zone

OVERVIEW

Site was previously one of the first Urban Farms in East Austin and the birthplace of Farmhouse Delivery. This well-loved community treasure was known for its many events including Shakespeare on the Farm, gumbo cook-offs, and many weddings. The bucolic setting, trees, and fantastic sunsets make this an urban oasis. The site was rezoned to Commercial Mixed-Use LR-MU + Single Family-6 (allowing townhomes & duplexes). The site provides a developer the opportunity to integrate nature and vertical development in a unique and vibrant pocket of East Austin. Potential development yield is enhanced beyond the preliminary conceptual site plan due to the removal of parking requirements, and new City of Austin ordinances for affordability that allow for 90 feet of height along the commercially zoned frontage of Shady Lane beyond the current 40-foot limitation. Subdivision would be required if the Buyer elects not to purchase Tract 1 accessed from Milburn and Mansell. NRP is planning 600+ workforce units next door to the property with a school. Ample opportunity for affordability bonuses and commercial service/retail potential for area developments. Tremendous flexibility and opportunity in 78702 for the creative developer, while taking advantage of the Qualified Opportunity Zone program. Potential uses under LR zoning include: Art Gallery, Retail, Restaurant, Office, Medical, and Mixed-Use Residential Condominiums.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Shady Mixed-Use Commercial

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

2.41 AC

LAND SF

104,980 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone, Irrigation

ZONING

LR-MU, SF-6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Loren KirkpatrickTexas Realty Partners, LLCMore Info
512-656-8521

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Loren KirkpatrickTexas Realty Partners, LLCMore Info
512-656-8521

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