Listed by Moreland Properties, Inc.
$935,000
12182 Jollyville Road
Details
Property Type Multifamily, Mixed Use
Sub Type Residential, Commercial
Acreage 0.780
Zoning MF-3
Ground Lease No
MF-3 Zoning on Jollyville in NW Austin - Suitable for Apartments; Townhomes; etc.
Investment highlights
Rare MF-3 zoning with commercial on 3 sides. Great visibility and access on Jollyville. Relatively flat, .778 acre site with gorgeous oak trees. Great, convenient location, excellent schools, close proximity to bus stop, shopping, 183/Toll Roads. Prior owner had concept plan for apartments. Current owner has completed feasibility study that supports 19-22 units. Would also be great boutique hotel/condo/townhome/senior living type site. Or affordable housing with City density bonuses. Lots of possibilities and a great buying opportunity for this size deal and price per pound for very easily buildable land. See attachments for feasibility study, survey, etc. Easy to tour or contact agent for a guided tour.
Listing Contacts
Listed by Moreland Properties, Inc.
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