2800 Oak Springs DrAustin, TX 78702
- Land
- 0.69 AC
Property Details for 2800 Oak Springs Dr
- Lot size
- 0.69 AC
- Property type
- Land
Description
This exceptional 0.69-acre commercial land parcel presents a remarkable infill opportunity in Austin's rapidly expanding East Austin submarket. Located between IH 35 and Airport Boulevard, this property offers unparalleled convenience and accessibility. Zoned CS-MU-V-NP, it allows for a diverse range of mixed-use and multi-family developments, including a podium-style design. The site plan allows for up to 60 feet of vertical use and a 95% impervious cover. Importantly, the property is not subject to watershed impervious cover limits, and the Floor Area Ratio (FAR) limit of 2:1 is not applicable if developed as a vertical mixed-use project meeting the affordability requirements of the VMU ordinance. This 30,212 square foot lot is situated in one of Austin's fastest-growing areas, making it an ideal investment for developers seeking high-return potential. The property's strategic location and flexible zoning regulations create a unique opportunity to capitalize on Austin's thriving real estate market. This is a truly exceptional opportunity to develop a high-impact project in a prime location.
Location Insight
- City
- Austin
- County
- Travis
- State
- Texas
- Latitude
- 30.273
- Longitude
- -97.7031
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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