11320 Ranch Road 2222Austin, TX 78730

For Sale
$1,600,000

1.02-acre commercial land, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1.02-acre commercial land parcel presents a compelling investment opportunity in Austin, Texas. Located at 11320 Ranch Road 2222, this fee-simple property boasts a GR-CO zoning designation and offers approximately 200 feet of frontage on a high-traffic corridor (Ranch Road 2222, with 27,152 vehicles per day, and RR 620, with 34,952 vehicles per day). The site includes 40 existing parking spaces and the potential for monument signage. Its strategic location near affluent neighborhoods like River Place, Steiner Ranch, and Jester Point, coupled with proximity to major retail anchors (including a Target and H-E-B), a corporate mega campus, schools, and a university, ensures high visibility and strong potential for development. The area demonstrates exceptional demographics, with a projected 13.8% population increase within the next five years and an average household income of $184,151 within a three-mile radius. This site is ideal for developers seeking to capitalize on Austin's robust market, potentially commanding rents exceeding $33.00 per square foot. Alternatively, owner-users can secure a prominent location for their business. The asking price is $1,600,000, and seller financing may be available under agreeable terms. Existing structures on the site may require demolition to meet current city impervious cover requirements.

Highlights

  • Shadow-anchored pad site with excellent visibility.
  • High traffic count: 62,104 vehicles per day on RR 2222/RR 620.
  • Located near affluent neighborhoods: River Place, Steiner Ranch, and Jester Point.
  • Strong demographics: 13.8% projected population growth and $184,151 average household income within a 3-mile radius over the next 5 years.
  • Seller financing may be available.

Property Details for 11320 Ranch Road 2222

Property type
Other land, Land
Lot Size (sq. ft)
44,431 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.402054632132
Longitude
-97.852383997948
11320 Ranch Road 2222, Austin, Texas

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11320 Ranch Road 2222
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