Documents
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Attributes
Year Built | 2000 |
Land Area Gross |
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Asset Description
Jones Lang LaSalle (“JLL”) has been exclusively retained by ownership to offer qualified investors the opportunity to purchase 5800 Springdale (the “Property” or “Site”), a 4.7-acre potential development site that is currently raw land in the central-east part of Austin, Texas. The Property is prominently located in Austin’s burgeoning East Side along the Springdale Road corridor that runs north to south from Highway 290 all the way down to Cesar Chavez Street. Located just north of the heart of East Austin, 5800 Springdale is in one of Austin’s most vibrant and quickly growing neighborhoods with advantageous proximity to the Mueller mixed-use development, the recently improved Highway 183 corridor, and soon to be built Walter E Long Lake Vision Plan and development. The Site has no shortage of options when it comes to getting around, with proximity to roads such as 51st street, Manor Road and Loyola Lane, and highways such as Highway 183, Highway 290 and Interstate 35 connecting you to all of Austin’s east side, and close to central Austin. 5800 Springdale presents potential investors with the unique opportunity to acquire an infill development site with multi-use potential in one of Austin’s fastest growing areas. Surrounding neighborhoods such as Windsor Park, University Hills and Mueller have been hot spots for repurposing and redevelopment.
Investment Highlights
- Swiftly Growing and Redeveloping Area of Central East Austin
- Foremost East Austin Development Site, perfect for Multifamily
- New Area Amenities and Development nearby
- Accessibility and Proximity to Central East Austin and surrounding area