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Unique Opportunity to develop 18 units of luxury residential homes within fast growing corridor of Core Austin. Located just off of the NE hard corner at Bluebonnet and Lamar. Area comps support $365 sq/ft exit price on condos with land cost at only $64 sq/ft. Previous site plan approved but expired. New conceptual site plan available but site plan approval process needs to be restarted offering opportunity to tweak site design to fit buyer preference. Great land bank investment opportunity as well.
|7525345 - Commercial Sale||Price Decrease - 32 days (80 days total)||$2,750,000 - $200,000|
|7525345 - Commercial Sale||Back On Market - 22 days||$2,950,000|
|7525345 - Commercial Sale||Pending - Taking Backups - 26 days||$2,950,000|
|7525345 - Commercial Sale||New||$2,950,000|
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Property Listed by: Jay Hull
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 23rd, 2017 at 5:40pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.