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.
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.
Topography: Somewhat steep near natural drainage area, but is flat on the top along south boundaries. See enclosed topography map.
Land: For Sale
Total SF: 3,346
Total Acres: 7.616
Sale Price: $3,500,000.00