This amazing piece of land is located in the heart of Austin. It's north central location is close to great shopping, hot night spots and some of Austin's finest restaurants. This up and coming area of town is the perfect place to build! And condo plans are already available for approval! Don't let this incredible investment opportunity pass you by!!!
PROPERTY: 5309 and 5311 Jeff Davis
LAND AREA: The property is located next to Prosperity Bank on Jeff Davis which is the northeast corner of North Loop Blvd and Burnet Road. The site is approximately 31,798 square feet comprised of two lots which are 170.9 x 189.64. The subject tract has approximately 170.9 feet of frontage on Jeff Davis. The property is located in the fast developing area of north-central Austin.
TOPOGRAPHY: The site has level topography which is at grade with surrounding property. Beautiful Pecan trees surrond the building site. Tree review has been done with City of Austin.
UTILITIES: All public utilities are available to the site and include electricity provided by Austin Energy, water and sewer provided by the City of Austin and gas provided by Texas Gas.
FLOOD PLAIN: A very small edge of the back of the property lies inside the 100 years floodplain.
ZONING: The entire property is zoned CS-MU-CONP, allowing for 60 feet of height. Current site plan allows for 51 parking spaces. Entitlement is underway on mixed use project with 27 residential condo units (approx. 25,224 sq ft) and 5 commercial condo units (approx. 5,366 sq. ft.)
The property is located next to Prosperity Bank on Jeff Davis which is the northeast corner of North Loop Blvd and Burnet Road.
