6011 Bolm Rd / 932 Gardner Rd

Permitted and Shovel Ready

0.59 Acres at $1.6m in Austin, TX 78721

Fully entitled hard corner site at Bolm/Gardner in central East Austin. This shovel ready vacant land offering includes permitted condo plans for 12 units. Prime site lies within the federal opportunity zone - offering tax credits and incentives.

Owner financing available.

Overview

PROPERTY DETAILS

Sale Price: $1,600,000

Property Type: cleared land

Lot Size: 0.59 Acres

Status: Shovel Ready

Loan: optional owner financing

MLS# 8428948

PROPERTY DESCRIPTION

Opportunity to acquire ENTITLED corner development site in booming East Austin. Building Permits in hand in sought-​after Opportunity Zone. Use current plans, or imagine something equally amazing! Zoning is GR - MU - NP, allowing for ​commercial, residential, multi-family, hotel, or other. Ideal for short-term or corporate-housing community.

INVESTMENT HIGHLIGHTS

• Leveled and cleared - hard corner with amazing visibility, accessibility and very buildable lot
  
• Minutes to Downtown, ABIA, Tesla, and COTA
  
• Powerful Demographics - over 10,000 households and $97,000 Average Household Income
  
• City of Austin has removed parking requirements

DOCUMENTS

Location

Location Description

Located 3 miles east of IH 35 and less than 1/2 mile west of 183.

Corner lot location with great visibility includes hard corner: with Gardner to the East and Bolm Rd to the north. Bolm has a dedicated exit from 183. This cut-through from Airport to 183 sees 6300 vehicles/day.

Nearby:

Airport 10 minute drive, 2 miles

CBD 10 minute drive, 3.5 miles

MLK Jr Commuter Station, 8 minutes < 3 miles

Tesla Giga Texas, 15 minutes, 9.5 miles

Photos/Gallery

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10,728

Households

$96,931

HH Income

6,300

Traffic Count (vpd)

73%

College Educated

80

Walk Score

70

$770,966

34.3

Bike Score

Avg. New Construction Sales Price

(SF/CONDO/TH)

Median Age

Permit Ready

This boutique mixed-use development site includes permitted plans for four buildings (twelve residential units) designed by award-winning Kipp Flores Architects. Feasibility, soil samples, and engineering also complete. Additional documents, plans and details available upon request.

PERMITTED PLANS

• 12 units
  
• 23,026 sf.
  
• 4 buildings
• condo or multi-family
  

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