DEVELOPMENT PROPERTY FOR SALE - 7.6 ACRES

7907 South IH-35, Austin, Texas 78744

This property has tremendous visibility up and down IH-35.  Good views from the peak of the property.  Water is available along the IH 35 frontage and some minor off-site wastewater work is needed. This sexually oriented business (New XXX Video) has been located there over 25 years and has a month to month lease with the Landlord. There is an agreement in place between Landlord and Tenant for Landlord to buy the existing business for $200,000.00 so that the vesting rights as a sexually oriented business remain in tact.

Features

Price: $3,500,000

Zoning: The frontage has been strip-annexed into the City of Austin as SF-2. The remainder of the tract lies outside the city limits and thus is not zoned.

Frontage: Approximately 1,182 feet along the east frontage road of South IH 35.

Improvements: Approximately 3,346 square feet

Retail: For Sale

Development Site

Total SF: 3,346

Total Acres: 7.616

Sale Price: $3,500,000.00

Contacts