This listing is under contract.

222 Ac Industrial / Business Park

TX 130 Austin, TX 78617

TX 130, Austin, TX, 78617
TX 130, Austin, TX, 78617
UNDER CONTRACT FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
May 20, 2022

Industrial / Business Park located in an Opportunity Zone between COTA, ABIA and Tesla Gigafactory. Approx. 222 acres located at the intersection of TX-130 and Elroy Road. All utilities available through the City of Austin. This tract is primed for an Industrial / Business park development due to LI and IP zoning being delivered by seller, all utilities available to the property, a great road network, and a MUD in place (171 acres) for most of the property. There are 181 acres on the west side of TX 130 and 57 acres on the east side of TX 130. Seller would like to sell the tract in its entirety, but would entertain a joint venture offer.

Map of TX 130, Austin, TX, 78617

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.