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2301 Webberville Rd Austin, TX 78702

0.47 Acres, High Walkability, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 0.47-acre mixed-use property in Austin, Texas, presents a unique development opportunity. Located at 2301 Webberville Rd, in the heart of the rapidly growing Webberville Entertainment District, this site boasts a walkability score of 93, providing convenient access to East 6th, 7th, 11th, and 5th Streets. The property comprises three lots (2301 Webberville, 2301 Coronado, and 2303 Coronado) and is zoned CS-CO-MU-NP, allowing for flexible development options including hotel, retail, office, multifamily, or a combination thereof. Its prime hard corner location, alleyway access, and the upcoming expansion of Webberville Road to include bike lanes enhance its long-term appeal and accessibility. Preliminary architectural plans for a mixed-use vertical development have been explored, along with a test fit for office, hotel, and retail space. Recent Austin regulatory changes, such as the elimination of parking requirements for commercial uses and updated zoning compatibility standards, significantly increase development potential, enabling a 2:1 FAR without limitations from neighboring residential properties. With a potential buildable area of 44,000 square feet, this is the last raw land lot in the Webberville Entertainment District, situated just 1.5 miles from downtown Austin. This site represents a premier investment for developers seeking to capitalize on one of Austin's most dynamic submarkets. A due diligence package is available.

Highlights

  • Parking restrictions removed.
  • Residential compatibility restrictions no longer impact the 2:1 floor area ratio (FAR).
  • 2:1 Floor Area Ratio (FAR).
  • Last remaining undeveloped land parcel in Webberville Entertainment District.
  • 1.5 miles from downtown.
  • Potential for 44,000 square foot (SF) development.

Property Details for 2301 Webberville Rd

Property type
Retail properties, Bars
Lot Size (sq. ft)
20,473 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.262286012309
Longitude
-97.715781178874

FAQs

What type of property is this?
Retail property - 0.47 Acres, High Walkability, Development Potential
Where is the retail property located?
The property is located at 2301 Webberville Rd Austin, TX.
What are key features of this property?
This property features: Parking restrictions removed.; Residential compatibility restrictions no longer impact the 2:1 floor area ratio (FAR).; 2:1 Floor Area Ratio (FAR).
How can I contact the broker?
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2301 Webberville Rd
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