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13400 Fm 969Austin, TX 78724

14 Acres Near Tesla Gigafactory

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 14.28-acre commercial and industrial land parcel presents a unique investment opportunity in Austin, Texas. Strategically located across FM 969 from Tesla's Gigafactory, this property benefits from its proximity to the high-growth industrial corridor along Toll 130, just ¾ mile east on FM 969 (also known as Webberville Road). The site is situated within the extraterritorial jurisdiction (ETJ) of Austin, offering flexibility in development. A site permit is already in place for a 240,000 square foot building on the front 2.23 acres. Further development potential exists on the remaining 12.05 acres, with permitting for up to six 10,000 square foot buildings. Complete civil drawings, including water quality plans and a permitted driveway crossing the floodplain, are included. The property boasts 3-phase power and is ideally positioned to serve the substantial workforce at the Tesla facility, with an estimated 5,000+ employees. The area currently lacks retail and restaurant options, making the front 2 acres particularly attractive for such development. Austin-Bergstrom International Airport is conveniently located 7 miles away, and the Austin business district is 10 miles distant. Average net-net-net (NNN) rents in the area are approximately $13 per square foot, with rent growth averaging slightly less than 5% annually. This fully permitted site offers immediate development potential and significant long-term growth prospects.

Highlights

  • Prime location directly adjacent to Tesla's Giga Factory.
  • Situated within the City of Austin's extraterritorial jurisdiction (ETJ).
  • Conveniently located 3⁄4 mile east of Toll Road 130 on FM 969.
  • 7 miles from Austin-Bergstrom International Airport (AUS).
  • 10 miles from Austin's central business district.
  • Fully permitted site plan with approved civil engineering plans.

Property Details for 13400 Fm 969

Property type
Land, Industrial properties
Lot Size (sq. ft)
622,037 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.25088215
Longitude
-97.59278813
13400 Fm 969, Austin, Texas

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13400 Fm 969
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