For Sale: Development Opportunity near Downtown Austin

Land for Sale with frontage on East Riverside, Montopolis, and Vargas.  Site is located minutes from Downtown, Austin-Bergstrom International Airport, IH 35, and Hwy 183.  East Riverside is experiencing considerable growth, and now features many new luxury apartments.  Property is zoned ERC - CMU Subdistrict.  Zoning subject to the East Riverside Corridor Plan (ERC), which was created by the city to ensure high quality developments in this highly traveled area.   Offering Summary Highlights:   Land: 7.348 Acres Platted Lot   Billboard Income to offset holding costs   Opportunity to pay into regional detention - save money on site costs and increase usable land, And much more....See flyer for additional details... Click here to view the flyer, which contains feasibility reports from BIG RED DOG Engineering. 6400 E Riverside Dr Platted lot minutes from Downtown, Airport, Hwy 183 & I-35. New IDEA school across the street. 100+ new Standard Pacific Homes Neighborhood one block away. Billboard income on short term lease-$12,600/yr. RSMP available-Buyer saves by not providing water detention. Water/wastewater at site. Up to 80% Impervious Cover. Location 6400 E Riverside Dr Austin, TX 78741 Park/Complex Name: Market: Southeast Austin Submarket: Cross Streets: NE of E Riverside Dr and Montopolis Dr   Listing Summary Price Negotiable Price/Ac. Price/SF Sale Type Inv. or Owner/User   Property Description Lot Size Ac. 7.35 Ac. Frontage Gas No Lot Size SF 320,079 SF Depth Electricity Yes Divisible Yes Zoning GR-MU-NP Water Yes Sewer Yes Rail No Available Lots Lot # Parcel Sz. (Ac.) Max Contig (Ac.) Min Div (Ac.) Price Price/Ac. Price/SF Longbow Real Estate Group Jim Young, CCIM (512) 565-7509 951890

Jim Young, CCIM, Broker Longbow Real Estate Group  512-565-7509 jim@longbowre.com  Connect On LinkedIn      Click here to join my mailing list