$921,000
Exceptional development opportunity totaling approximately 27,315 SF across three contiguous parcels, featuring a GR-NP zoned corner lot and two SF-3-NP interior residential lots. Under current zoning and SB-840 eligibility, the GR parcel offers a streamlined path for residential development up to five stories with reduced setbacks, while also allowing commercial and mixed-use uses, providing developers with multiple viable strategies. The adjoining residential parcels increase the overall development footprint and may present future rezoning opportunities, creating the potential for a larger, higher-density project. Alternatively, the property is well suited for by-right residential construction, neighborhood retail, a café or coffee shop, or a mixed-use development tailored to the buyer's vision. Situated along Austin's rapidly transforming East Riverside corridor, the property is approximately 1.7 miles from Oracle's campus and is surrounded by significant multifamily and mixed-use investment. It is also located near the proposed Montopolis ETOD district and future Project Connect rail station, positioning the site to benefit from long-term transit-oriented growth. With prominent corner frontage, excellent visibility, strong daily traffic counts, and convenient access to major thoroughfares, this is a rare infill development opportunity offering flexibility, scalability, and multiple exit strategies in one of Austin's fastest-growing submarkets. Broker / Owner.
1999023
MLS
⋅
78702
Zip Code
1600 Montopolis Dr & 6211, 6215 Fairway St, Austin
