1.37 Acre Redevelopment Opportunity

1.37 Acre Redevelopment Opportunity

Austin, TX

Austin, TX

1.37 Acre Redevelopment Opportunity

This 1.37-acre prime redevelopment opportunity is located in Austin's St David's South Medical District. It offers a signalized hard corner location at South First Street and Radam Lane. The property features a new sidewalk along South First Street, including two curb cuts that provide direct access to the property. South Menchaca offers seamless access to downtown Austin and major highways, including I-35 and Highway 71. The area serves more than 364,290 residents within a five-mile radius, with an average household income of $109,863. Major employers such as Dell Technologies, Apple, Google, Amazon, and Oracle drive a significant daytime population surge downtown. Within a five-mile radius, 599,258 employees increase the daytime population by 64 percent.

Price $4,177,404
Lot Size 1.37 acres
Offering Memorandum

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
FINANCING TEAM

Duke Dennis

Director
(817) 932-6172

 

  • Rare 1.37 Acre Redevelopment Opportunity in Austin’s St David’s South Medical District
  • New Sidewalk Completed Along South First Street, Including Two Curb Cuts Providing Direct Access to the Property
  • Signalized Hard Corner Location on South First Street and Radam Lane (35,324 VPD) Near US 290 (149,817 VPD)
  • More Than 364,290 Residents and an Average Household Income of $109,863 (Five-Mile Radius)
  • Significant Workforce Hub: The Daytime Population Increases by 64 Percent Due to 599,258 Employees Within a Five-Mile Radius

Vincent Knipp

Senior Managing Director Investments
(972) 755-5205
vincent.knipp@marcusmillichap.com
License: TX 0579633
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