Austin, TX 78741 1221 S Interstate 35 Freeway

1221 S Interstate 35 Freeway Austin, TX - Image 11221 S Interstate 35 Freeway Austin, TX - Image 21221 S Interstate 35 Freeway Austin, TX - Image 3
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Presented By: Austin Premium Property; (512) 320-8040
  • MLS# 6940715
  • 02/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 28,965

Home Details

The property consist of three tax parcels (lots). 200 ft. frontage on the service road on the lower level and being approximately 16,200 sq. ft. of level surface with 1188 sq. ft. that can be renovated or torn down for new development. Upper portion of property that is above the green retaining wall accessed by Lupine street above. Those lots are total of 13,661 sq. ft. by survey. The upper lots are zoned SF-3 and the lower level zoned Commercial/LR. Buyer can redevelop the property and build a 3-5 story mixed use building with outstanding views of downtown city skyline. Tract is served by all utilities. Electricity, water, wastewater, telephone, natural gas and internet and cable. See aerial views from drone shots made of area. The view cannot be blocked in the future from any developments since no properties exist for development between this site and downtown. City owns only lot at NW corner at Riverside Dr. and IH 35 they converted it to dog park so will never be developed. It is the only site that could block the view from this subject property to city. Total Sq. footage of site on both levels is 28,865 sq. feet.
Presented By: Austin Premium Property; (512) 320-8040

Interior Features for 1221 S Interstate 35 Freeway

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

Street SuffixFreeway

General for 1221 S Interstate 35 Freeway

Additional Parcels Y/NYes
Building FeaturesSee Remarks
CityAustin
Construction MaterialsSee Remarks
CoolingNone
CountyTravis
Current UseCommercial, Vacant, See Remarks
DirectionsExit riverside drive exit coming downtown from the south. Look to right immediately then pull in front of guard rail in front of property. Coming from the north cross the river bridge and take exit f
DisclosuresSeller Disclosure, Seller Provided Survey Available, See Remarks
Energy EfficientNone
Green SustainabilityNone
HeatingNone
Leasable Area1188
Lease TypeNone
Lot Size Square Feet15354.9
MLS Area9
New ConstructionNo
Operating Expense
Other StructuresNone, See Remarks
Property ConditionSee Remarks
Property SubTypeSee Remarks
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameParkinson Lela
Tax Annual Amount10365.66
Tax Assessed Value572927
Tax Year2024
TopographyProperty is level on the frontage road with concrete and asphalt paving and large concrete retainer wall surrounding the lower level. The Upper lots are sloping toward the big green retainer wall an
UtilitiesElectricity Connected, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected, Water Connected, See Remarks
ViewCity, City Lights, See Remarks
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1964
Year Built SourcePublic Records
Zoningproperty is zoned commercial /LR commercial on the frontage road and upper lots zone SF-3

Exterior for 1221 S Interstate 35 Freeway

Building Area Total28965
Foundation DetailsSlab
Horse Y/NNo
Lot Size Acres0.3525
Number of Buildings1
Other EquipmentNone
Parking FeaturesAsphalt, Concrete, Direct Access, Gated, See Remarks
Road Surface TypeAsphalt, Concrete, PVD, Sidewalks, See Remarks
Total Parking20
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $1,850,000
MLS#6940715
List Date 02/01/2024
Property Type Commercial
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