Prime Riverside Development Opportunity | GR-NP & SF-3-NP
27,315 Sq Ft Lots Combined | SB-840 Eligible | Up to 5 Stories
Marketing description
Exceptional development opportunity totaling approximately 27,315 SF across three attached parcels, including a GR-NP zoned corner lot and two SF-3-NP interior residential lots. Under current code and SB-840 eligibility, the GR parcel allows for streamlined residential development up to five stories with minimal setbacks, while also permitting commercial or mixed-use uses, providing multiple development strategies.
The interior residential lots expand the footprint and may offer future rezoning potential, creating the opportunity for a larger, higher-density project. The site also supports smaller by-right residential development, neighborhood retail, coffee shop, or mixed-use concepts depending on the buyer’s vision.
Located along the rapidly evolving East Riverside corridor, the property is approximately 1.7 miles from Oracle’s campus and surrounded by significant mixed-use and multifamily development. The site is near the proposed Montopolis ETOD district and future Project Connect rail station, positioning it for long-term transit-oriented growth.
Strong corner visibility, high traffic counts, and quick access to major arterials make this a rare infill opportunity with multiple exit strategies in one of Austin’s highest growth corridors.
Broker / Owner
Investment highlights
Exceptional development opportunity totaling approximately 27,315 SF across three attached parcels, including a GR-NP zoned corner lot and two SF-3-NP interior residential lots. Under current code and SB-840 eligibility, the GR parcel allows for streamlined residential development up to five stories with minimal setbacks, while also permitting commercial or mixed-use uses, providing multiple development strategies.
The interior residential lots expand the footprint and may offer future rezoning potential, creating the opportunity for a larger, higher-density project. The site also supports smaller by-right residential development, neighborhood retail, coffee shop, or mixed-use concepts depending on the buyer’s vision.
Located along the rapidly evolving East Riverside corridor, the property is approximately 1.7 miles from Oracle’s campus and surrounded by significant mixed-use and multifamily development. The site is near the proposed Montopolis ETOD district and future Project Connect rail station, positioning it for long-term transit-oriented growth.
Strong corner visibility, high traffic counts, and quick access to major arterials make this a rare infill opportunity with multiple exit strategies in one of Austin’s highest growth corridors.
Broker / Owner
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