OVERVIEW

2940 East 12th Street is a prime development site in a key location less than two miles from the Texas Capital, the CBD, Dell Seaton Medical Complex, Mueller Development, and the University of Texas campus. The property sits in the center of a vibrant and rapidly appreciating segment of East Austin. The site is walking distance to Rosewood Neighborhood Park, two elementary schools (Campbell and Govalle), Austin Community College and Huston-Tillotson campuses, multiple mixed-use projects, as well as dozens of small businesses (retail and restaurants) and community programs.

The property consists of .2183 parcel is currently zoned CS-MU-CO-NP that allows for a variety of potential uses, including retail, multi-family, mixed-use and more. Additionally, there are two vacant and adjacent parcels that are similarly zoned. 2938 E. 12th is a .3070 acre tract (also for sale); and 2942 E. 12th is a .1614 acre tract. Combined these three properties provide .6867 acres of developable land in the heart of the City.

FEATURES

  • Favorable Zoning that Allows for a Variety of Uses

  • Can be Combined with Neighboring Property for 0.5183 AC Total

  • Easy Access in Prime Location

PROPERTY

Property Type

Land

Land Area (ac)

0.2183

Zoning

CS-MU-CO-NP

DETAILS

The property consists of .2183 parcel is currently zoned CS-MU-CO-NP that allows for a variety of potential uses, including retail, multi-family, mixed-use and more. Additionally, there are two vacant and adjacent parcels that are similarly zoned. 2938 E. 12th is a .3070 acre tract (also for sale); and 2942 E. 12th is a .1614 acre tract. Combined these three properties provide .6867 acres of developable land in the heart of the City.

Sale Type

Investment/Development

Price

$1,000,000

AGENTS

Penn Bloxsom

Associate
Email: [email protected]
Direct: 713.449.1024

Connally McKay

Vice President
Email: [email protected]
Direct: 512.965.2077

Andrew Karr

Principal
Email: [email protected]
Direct: 512.961.1883

DOCUMENTS

PHOTOS