Kellam Rd & Hwy 71
Land
Marketing description
9.26 acres off Highway 71 and Kellam Road located close by to Austin's F-1 Race Track and Airport. The site is highly visible from Hwy 71 in Austin's Extraterritorial Zoning Jurisdiction with utilities near by, making this development site an attractive and flexible opportunity for a developer.
Within 5 miles from Circuit of the Americas, the centerpiece of a new $2 billion entertainment and hospitality district. Anchored in Southeast Austin's rapidly expanding growth corridor, the property is surrounded by large-scale projects such as Austin-Bergstrom International Airport (4.5 miles), ATX 130 (600K of industrial space -4.9 miles), Velocity Mixed-Use Project (7M SF of mixed-use - 3.5 miles), Tesla (5 miles), Mirador Development (4,000 single-family homes and apartments across 1,400 acres - 5.5 miles), COTALAND (5 miles), and many more.
With over 400,00 SF to develop and 1,400 feet of frontage on Kellam Rd, this site is hard to miss when traveling down Highway 71 or Kellam Rd. With multiple developments and easy accessibility, this site presents a great opportunity for a developer to get in on the action in the quickly developing Southeast Austin area.
Investment highlights
- Great development opportunity near F1 racetrack and Airport
- In opportunity zone
- Well located off Hwy 71 and minutes away from Hwy 130
- Highly visible property with high volume traffic of 56,000 VPD from Highway 71 and 4,000 VPD on Kellam Rd
- Minutes to new major developments such as Velocity Mixed-Use Project, Tesla, ATX 130, Mirador Development, COTA Hotel, and more
- Rapid population growth in the last 5 years
- Strong demand for multifamily, retail and industrial developments within the area
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