2104 1St StAustin, TX 78704

For Sale
$1,470,150

Prime Austin location, high traffic, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 0.27-acre commercial land parcel presents a rare redevelopment opportunity in Austin's desirable South First Street/Bouldin Creek neighborhood. Situated on a signalized hard corner at the intersection of South First Street and West Live Oak Street, this property boasts exceptional visibility and accessibility, with combined daily traffic counts exceeding 26,308 vehicles. The surrounding area is experiencing significant growth, evidenced by nearby developments including a 106-unit condo project with ground-level retail and a 42-unit apartment community. The soon-to-open South Congress H-E-B further enhances the area's appeal. This location benefits from a strong demographic profile, with over 372,311 residents within a five-mile radius and an average household income of $141,396 within one mile. The robust workforce presence, with a daytime population increase of 81% due to 675,249 employees within a five-mile radius, creates a significant market for commercial development. This investment-grade net lease property offers substantial potential for a variety of commercial ventures, capitalizing on the vibrant culinary scene and thriving local economy. The asking price is $1,470,150. This is a unique chance to acquire a highly visible and strategically located parcel in one of Austin's most sought-after neighborhoods.

Highlights

  • Rare downtown Austin redevelopment opportunity in the South First/Bouldin Creek neighborhood.
  • Signalized corner lot at South 1st & West Live Oak Streets; over 26,308 vehicles daily.
  • High-density area: over 372,311 residents within five miles, average household income of $141,396 within one mile.
  • Strong workforce presence: daytime population increases 81% due to 675,249 employees within five miles.

Property Details for 2104 1St St

Property type
Other land, Land
Lot Size (sq. ft)
11,761 SF
Units
1

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.244785030434
Longitude
-97.757460075718
2104 1St St, Austin, Texas

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2104 1St St
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