8834 Circle DrAustin, TX 78736

For Sale
Call for price

High-traffic Hwy 290 location, ±1.45 acres

Overview

Added:
Dec 11, 2024
Days on market:
93
This ±1.45-acre commercial property in Austin, Texas, boasts an exceptional location at the corner of Circle Drive and Mowinkle Drive, offering unparalleled visibility and accessibility from Highway 290. The site benefits from a high daily traffic volume of 54,068 vehicles (2023 TXDoT data) on Highway 290, providing significant exposure for potential businesses. Situated just outside Austin city limits within the 2-mile ETJ, approximately 500 feet from the city boundary, this property is zoned for Austin ETJ and offers a unique opportunity for various retail uses, including convenience stores, restaurants, and quick-service restaurants (QSR). The property includes an existing ±2,032 square foot warehouse currently generating $1,200 per month in lease income. The site features approximately 210 feet of frontage on Circle Drive (with an existing curb cut) and approximately 310 feet of frontage on Mowinkle Drive. Utilities include Austin Water (with 30", 12", and 6" diameter lines on Circle Drive and 16" and 6" lines on Mowinkle Drive), Austin Water wastewater availability, PEC electricity, and Texas Gas Service lines. Two water wellheads are located on the south side of the property. The property is served by Austin ISD and is conveniently located near several residential communities, including Austin Waldorf School, Ridgeview, Southview Estates, Granada Hills, and Granada Estates, ensuring a strong customer base. An approved and released site plan for limited warehouse and distribution development is available. This prime location presents a rare opportunity for investors and developers seeking high-visibility commercial real estate in a rapidly growing area.

Highlights

  • 8834 Circle Drive.
  • High visibility from Hwy-290 (54,068 VPD, 2023 TXDoT data).
  • Corner lot at Circle Dr. (45 mph) and Mowinkle Dr. (30 mph).
  • Across from Oak Hill Social Club.
  • Austin Water (30", 12", and 6" lines on Circle Dr.; 16" and 6" lines on Mowinkle Dr.); Austin Water wastewater available (8" PVC lines); PEC electric; Texas Gas Service lines within 1,000 ft; two water wellheads on-site.
  • City of Austin ETJ (approx. 500 ft from city limits); Travis County.

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2356825
Longitude
-97.9116001
8834 Circle Dr, Austin, Texas

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8834 Circle Dr
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