Keller Williams Realty New Tampa - Tara Rahmaan
1/28
Courtesy of: Christie's Int'l Real Estate, (512) 368-8078, Tarek Morshed
Local Realty Services Provided By: Keller Williams Realty
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$1,400,000
4500 E 51st Street, Austin, TX 78723
1.46 ac
$1,400,000

4500 E 51st Street, Austin, TX 78723

Estimation provided by Keller Williams Realty Inc.
1.46 ac
Active
For Sale

Property Description

Unique mixed-use development parcel in an amazing East Central Austin location with very attractive demographics and demand for urban experiences by households in the immediate vicinity. The site is minutes to the famed Mueller mixed-use master-planned community and Dell’s Children Hospital, 10 minutes to The University of Texas, 15 minutes to Austin’s CBD as well as Dell’s Medical Center/ Red River District and 15 minutes to Austin Bergstrom International Airport. - 10,288 vehicles per day at E 51st and Springdale Rd - Population count over 55,000 within 2 miles - Household income average at $108,0000 annually - Average Age - 35 years old - Strong small office (or office condos) occupancy rates at 85%+ - Retail occupancy rates 90%+ - Previous Fully approved STP for almost 20,000SF office/community clinic - Preliminary studies indicate 18,000-20,000 square foot mixed-use office retail building is feasible • Dual Access to Springdale Rd and 51st Street • 1 mile to Mueller and Dell Children Hospital • 2 miles to University of Texas and UT Medical • 90% Allowable Impervious Coverage • 75% Allowable Building Coverage • Zoning GR-CO-NP • 60’ Allowed Building Height • 1:1 Floor-to-Area Ratio • Approximately 44 parking spaces • Over 20k households within 2 miles

Property Details

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Overview
Property Type
Unimproved Land
Days on Site
44 Days
Parking
No
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Activity History

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Purchase Price: $1,400,000
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Price & Tax History

Date
Event
Price
02/12/2025
Listed
$1,400,000
$961,803/ac
No Tax History Data
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