Ask Coy Romine
Investment Opportunity: Located in the an opportunity zone and in growing Southeast Austin. This parcel of land is located within the ETJ but does have an AO3 overlay which will not allow Multifamily or other residential dwellings. Adjacent tract(south of this parcel) sold and tract to the south of that parcel is currently under contract. May be eligible for special tax abatements since it is located in a Revitalization Area. Seller is looking for 120-180 feasibility option with extension options. Money to go hard on day one. Best use is retail, industrial, or hospitality.
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Listed By: Alexandro Navarro of Realty One Group Prosper - (512) 788-2118