Skip To Content
    Return to Previous Page

    3218 E Martin Luther King Jr Blvd

    Austin, TX 78721
    • $1,950,000
    • STATUS: Active
    • ID#: 4389747
    UPDATED: 58 min ago
    $1,950,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    Description

    Incredible location at East MLK and Airport Blvd perfect for new development along with the new City of Austin MLK corridor plan. This 17,767 sqft plot of land is zoned for CS/MU, making it a prime opportunity for 3000+ sqft commercial space on the first floor, and residential space on the second and third floors with potential skyline views. Architects opinion of highest and best use is a combination of commercial and residential space, but if you dont want to go the commercial zoning route, you have the option for 10 townhomes per the architect. The land currently has two separate buildings on it: one with 4 offices, and one with 2 offices. Some spaces are currently rented, but on a month to month lease so you can have a smooth transition during city planning and permitting. Listing agent is happy to make the introduction to the architect who originally reviewed the property. Reach out to the listing agent for showings. Buyer is to do own due diligence.

    Monthly Payment Calculator



    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-01-15T17:24:39.003.
    austin.papasanproperties.com/homes/113068817
    Print Image

    3218 E Martin Luther King Jr Blvd Austin, TX 78721

    • Price: $1,950,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 4389747
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    1983
    Built
    Neighborhood:
    Trinity
    County:
    Travis
    Area:
    Austin
    Property Description
    Incredible location at East MLK and Airport Blvd perfect for new development along with the new City of Austin MLK corridor plan. This 17,767 sqft plot of land is zoned for CS/MU, making it a prime opportunity for 3000+ sqft commercial space on the first floor, and residential space on the second and third floors with potential skyline views. Architects opinion of highest and best use is a combination of commercial and residential space, but if you dont want to go the commercial zoning route, you have the option for 10 townhomes per the architect. The land currently has two separate buildings on it: one with 4 offices, and one with 2 offices. Some spaces are currently rented, but on a month to month lease so you can have a smooth transition during city planning and permitting. Listing agent is happy to make the introduction to the architect who originally reviewed the property. Reach out to the listing agent for showings. Buyer is to do own due diligence.
    Exterior Features

    Attached Garage YN No Bays 0 Construction Materials Brick Foundation Details CombinationPillar/Post/PierSlab Garage YN No Other Structures None Parking Features AsphaltCommon Road Surface Type Asphalt Topography Flat View City Waterfront YN No

    Interior Features

    Building Area Total 1700 Cooling Central Air Flooring TileVinyl Heating Central

    Property Features

    Accessibility Features See Remarks Additional Parcels YN No Building Features See Remarks Current Use Office Estimated Taxes 20410 Horse YN Yes Listing Terms See Remarks New Construction YN No Property Condition Resale Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 16977 Utilities Electricity ConnectedSewer ConnectedSee Remarks Water Source Public

    Property listed by Local Life Realty, Llc.


    © 2021 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-01-15T17:24:39.003.
     
    https://bt-photos.global.ssl.fastly.net/austin/orig_boomver_1_4389747-2.jpg https://bt-photos.global.ssl.fastly.net/austin/orig_boomver_1_4389747-2.jpg https://bt-photos.global.ssl.fastly.net/austin/orig_boomver_1_4389747-2.jpg
    Logo
    Papasan Real Estate Team @ Keller Williams Realty
    1801 S. Mopac Expwy, Ste 100
    Austin TX, 78746