5710 Hudson StAustin, TX 78721

For Sale
$3,500,000

Shovel-ready, 81-unit condo potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2.62-acre commercial land parcel, located at 5710 Hudson St, Austin, TX 78721, presents a unique investment opportunity in the thriving East Austin market. Zoned CS-MU-CO-NP, it allows for a variety of uses, including multi-family, retail, mixed-use office, and hotel developments. The site's proximity to major transportation arteries, specifically 0.5 miles west of the 183 Toll, ensures excellent accessibility. Its strategic location benefits from the presence of significant employers such as Tesla's Gigafactory, the University of Texas at Austin, and numerous tech giants including Apple, Amazon, and Applied Materials. The property is currently priced at $3,500,000, translating to $30 per square foot. While a building permit recently expired, it has the potential for reinstatement. This shovel-ready site offers developers the chance to capitalize on East Austin's robust growth and high demand for both commercial and residential spaces, promising substantial returns on investment. The APN is 971425, and the current owner is Cantegra Hudson, LLC.

Highlights

  • 2.62-acre commercial land parcel in Austin, TX, priced at $3,500,000 ($30/SF).
  • CS-MU-CO-NP zoning allows multi-family, retail, mixed-use office, and hotel development.
  • Located 0.5 miles west of the 183 Toll for excellent accessibility.
  • Strong demographics within a five-mile radius.
  • Proximity to major employers including Tesla, Apple, Amazon, and Applied Materials.
  • Expired building permit with potential for reinstatement.

Property Details for 5710 Hudson St

Property type
Other land, Land
Lot Size (sq. ft)
114,127 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2724727
Longitude
-97.6760069
5710 Hudson St, Austin, Texas

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5710 Hudson St
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