517 North Interstate Highway 35

Austin, TX 78702

$2,650,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Development Project for the Creatives to Maximize the utility of some of Austin's most highly coveted land. Create a plan to optimize the value of this sought-after .1192-acre land parcel with ambitious plans that could be a mixed-use concepts or capitalize on the extreme visibility for maximization of advertising for ultimate brand recognition. Location: The property is located on 6th Street, which is a major commercial corridor in Austin. The area is home to a variety of businesses, including restaurants,...Development Project for the Creatives to Maximize the utility of some of Austin's most highly coveted land. Create a plan to optimize the value of this sought-after .1192-acre land parcel with ambitious plans that could be a mixed-use concepts or capitalize on the extreme visibility for maximization of advertising for ultimate brand recognition. Location: The property is located on 6th Street, which is a major commercial corridor in Austin. The area is home to a variety of businesses, including restaurants, bars, retail stores, and offices. The area is also well known to world wide travelers as a popular tourist destination. Visibility: The property is highly visible from 6th Street and I35, which means that businesses located there would have a lot of exposure to potential customers. 165K vehicles a day! Investors and potential partners should be aware that further market research and feasibility studies will be required to ensure their development plan's success.
  1. Listed by Jennifer Bernstein • TREC #0605537 • Commercial Market Exchange LLC • (512) 912-1070

Property Details for 517 North Interstate Highway 35

Subdivision Name
Conners Add
Waterfront
No
Parcel Number
02040505090000
Tax Lot
15
Tax Block
1
Master on Main
No
Year Built Source
Public Records
Property Condition
To Be Built

Location

Listing Courtesy of Commercial Market Exchange LLC, Jennifer Bernstein, TREC #0605537
Add your commute
LISTING UPDATED: 10/03/2023 08:31 AM

Property Details for 517 North Interstate Highway 35

StatusActive
MLS #8496272
Days on Market209
Taxes$20,551 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1900
Lot Size0.12 AC / 5,201 SF
CountyTravis County

Location

Listing Courtesy of Commercial Market Exchange LLC, Jennifer Bernstein, TREC #0605537
Add your commute

Building Information for 517 North Interstate Highway 35

Stories-Residences-Year Built1900Lot Size0.12 AC / 5,201 SF

Payment Calculator

$16,175 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,462

Property Taxes

$1,713

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 517 North Interstate Highway 35

General Information
Parking
  • Parking Total: 0
  • Parking Features: None
Interior
  • Flooring: See Remarks
  • Other Equipment: None
  • Restrictions: City Restrictions, Zoning Restrictions
Exterior
  • New Construction: No
  • Accessibility Features: None
Property Information
Lot Information
  • Zoning: TOD-NP per COA and CS1; M
  • Current Use: Commercial
  • Horse: No
Location Information
  • Leasable Area: 0.0
  • Building Features: See Remarks
  • Number Of Buildings: 0
  • Building Area Total: .00
  • Building Area Source: Public Records
Utilities
  • Cooling YN: No
  • Cooling: None
  • Heating YN: No
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Financial Information
Taxes and HOA Information
  • Tax Assessed Value: $1,040,600
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 1.80%
Showing Information
Showing Information
  • Security Features: None
  • Directions: If you are coming from the north, take I35 south until you reach 6th Street. Turn left onto 6th Street and 517 E 6th St will be on your right at the corner. If you are coming from the south, take I35 north until you reach 6th Street exit. At the light, 517 E 6th St will be on your right. Note: 6th Street is a one-way street westbound on the west side of I35. It is a two way street where the property is located.

Property History for 517 North Interstate Highway 35

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 517 North Interstate Highway 35

Taxable ValueLand$1,040,600Additions-Total$1,040,600
Tax Record2022$18,519 ($1,543 / month)
Home Facts
Beds0Total Finished SqFt1,568 SqFtAbove Grade Finished SqFt1,568 SqFtStories1Lot Size5,201 SqFtStyleResidentialYear Built1981CountyTRAVISAPN0204050509

Schools near 517 North Interstate Highway 35

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Sanchez Elementary School
PublicPK to 5

Martin Middle School
Public6 to 8

Austin High School
Public9 to 12

Metz Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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517 North Interstate Highway 35 is a mixed use property for sale in Austin, TX 78702. This property was listed for sale on October 3, 2023 by Commercial Market Exchange LLC, it's currently listed at $2,650,000. This listing's school district is Austin Independent School District. Nearby schools include Sanchez Elementary School, Martin Middle School and Austin High School. 517 North Interstate Highway 35 is a 0-bed, 0-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Commercial Market Exchange LLC, Jennifer Bernstein, TREC #0605537

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.