1018 E Olympic Dr, Pflugerville, TX 78660

Will Eveld

841238

Joe Dowdle

TX #535928

George Carameros

779880

Listed by JLL - Austin, Texas

Unpriced

261 days on market

Updated 48 days ago

Immanuel & Wells Branch

Details

Property Type

Land

Sub Type

Residential, Commercial

Acreage

10.342

Zoning

GB1 (with allowance for a MF Development)

Land | ±10.342 Acres | GB-1 Zoned Retail Site | Pflugerville, TX

Marketing description

EXECUTIVE SUMMARY

JLL Capital Markets Group ("JLL") is pleased to exclusively offer qualified developers the opportunity to purchase the fee simple interest in Immanuel & Wells Branch ("The Property" or "The Site") in Pflugerville, TX, within the Austin MSA. This ±10.342-acre site is located along Wells Branch Parkway (1,000 Feet of frontage) and Immanuel Road (400 Feet of frontage). The Property features favorable GB1 zoning with a comprehensive plan for a multifamily community or a by-right retail development offering diverse development options. The Site's strategic location provides access to Dessau Road, Pecan Street, Toll Road 130 and Interstate Highway 35, with proximate access to Highway 45 to the north and Loop 1 further to the west of the Interstate, connecting it seamlessly to the entire north side of the Austin MSA and all of Pflugerville.

Investment highlights

INVESTMENT HIGHLIGHTS

High-Traffic Exposure: 15,000+ daily vehicles at signalized intersection of two major Pflugerville arterials running north to south (Immanuel) and East to West (Wells Branch)

Strategic Positioning: Hard corner location with maximum visibility and easy access from multiple directions adjacent to neighborhoods and major employers (Dell, Apple, Amazon, Indeed)

Growing Market: Located in Pflugerville's retail hub serving 85,000+ residents within 3 miles

Strong Demographics: Average HHI of $75,000+ with young families and poised to benefit from Austin MSA's northward expansion, with increasing residential, commercial, and economic growth making it highly attractive to developers.

Convenient access to surrounding suburbs including Round Rock, Taylor, Hutto, Cedar Park, and Leander, enhancing its appeal for both residential and commercial development.