8834 Circle DrAustin, TX 78736

  • Industrial properties
  • 2,000 SF
For Sale

Property Details for 8834 Circle Dr

Year built
1983
Construction
STEEL FRAME
Lot size
1.45 AC
Property size (Sq ft)
2,000 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
408530102
APU
408530102

Description

This ±1.45-acre commercial property in Austin, Texas, boasts an exceptional location at the corner of Circle Drive and Mowinkle Drive, offering unparalleled visibility and accessibility from Highway 290. The site benefits from a high daily traffic volume of 54,068 vehicles (2023 TXDoT data) on Highway 290, providing significant exposure for potential businesses. Situated just outside Austin city limits within the 2-mile ETJ, approximately 500 feet from the city boundary, this property is zoned for Austin ETJ and offers a unique opportunity for various retail uses, including convenience stores, restaurants, and quick-service restaurants (QSR). The property includes an existing ±2,032 square foot warehouse currently generating $1,200 per month in lease income. The site features approximately 210 feet of frontage on Circle Drive (with an existing curb cut) and approximately 310 feet of frontage on Mowinkle Drive. Utilities include Austin Water (with 30", 12", and 6" diameter lines on Circle Drive and 16" and 6" lines on Mowinkle Drive), Austin Water wastewater availability, PEC electricity, and Texas Gas Service lines. Two water wellheads are located on the south side of the property. The property is served by Austin ISD and is conveniently located near several residential communities, including Austin Waldorf School, Ridgeview, Southview Estates, Granada Hills, and Granada Estates, ensuring a strong customer base. An approved and released site plan for limited warehouse and distribution development is available. This prime location presents a rare opportunity for investors and developers seeking high-visibility commercial real estate in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $713,600
    Hospitality
    $653,654
    Educational
    $543,832
    Medical
    $562,536
    Retail
    $845,962
8834 Circle Dr, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2359
Longitude
-97.9113
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,008
$504,776
$26,144
$530,920
-
$504,776
$26,144
$530,920

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