Multifamily Redevelopment Opportunity in SoLa Austin
Multifamily Development Opportunity in SoLa Austin
Marketing description
Current use is a medical facility, Class 3 Office with an owner/user and no active leases. Based on the new SB 0840 ordinance a proposed potential multifamily mixed-use development has excellent potential. Investors can also consider the office for a medical group or similar tenants. This property is ideally located in south Austin and has a lot of different potential development opportunities.
Investment highlights
The deep 1.77 acre lot allows for a proposed multifamily, mixed-use development taking advantage of the new SB 0840 zoning. The in-demand South Lamar (SoLa) corridor is an ideal destination for multifamily, mixed-use developments. The area is in an active upzoning trend, driving development. SoLa is considered Austin's strongest urban infill corridor.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
