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1800 E Martin Luther King Jr Boulevard, Austin, TX – $1,300,000

  • $1.3M Price
  • .14 Acres
  • 185 DOM
  • $1.3M Price
  • .14 Acres
  • 185 DOM

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1800 E Martin Luther King Jr Boulevard

Awesome location in Austin's MLK transit corridor with easy access to downtown and UT. With the City of Austin's new zoning ordinances, this site will support a building height of up to 60' and a total of approximately 20,800 SF of rentable square footage with existing zoning of LO-VMU-NP. Consider retail/restaurant space on the first floor and residential on the upper 4 floors. Utilizing Austin's Affordability Unlock requires only 10% of the unit count to be in the Affordable category. Total residential space could be as high as 17,800 SF, with up to 24 or more units. Ideal configurations would be studios, and 1 and 2 bedroom units given the area demographics. The first-floor area could 3,000 SF or more of retail/restaurant space. No onsite parking is required except for ADA. Consider rezoning to GR (Community Commercial) for even more possibilities. No significant tree issues, flat lot, easy build. South end of lot has views to downtown, especially from upper floor(s). MLK is a designated transit corridor with 4-lanes and planned 20’ widening, with 5 bus stops within 1 block, within walking distance to the UT @ Austin campus, 3 hospitals, the Dell Medical School, 3 Blocks East Of UT's Eastern Parking Lot. Great neighborhood with daily needs businesses on the same block (Sour Duck Bakery & Restaurant, JuiceLand, Shell, Austin Daily Press and the Wheel & Monarch Liquor). Just 4 blocks to the UT campus with the new UT Moody Center just 5 blocks away. Convenient to UT McCombs School Of Business (just 2 bus stops and 1.3 miles away). A short 25 min. walk to the Texas State Capitol Building Complex and 1/2 Mile From ST. David's Medical Center & Austin Lakes Hospital - Dell Seton Medical Center At The University Of Texas, Blackstock Family Health Center - Central Texas Medical Foundation Brackenridge Hospital - Seton Brain And Spine Institute Dell Children's Medical Center & The Heart Hospital Of Austin.Dell Children's Medical Center & The Heart Hospital Of Austin.

Essential Information

  • MLS® #6327824
  • Price$1,300,000
  • Bathrooms0.00
  • Acres0.14
  • Year Built2024
  • TypeCommercial Sale
  • Sub-TypeSite Planned
  • StatusActive

Community Information

  • SubdivisionJohns C R
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78702

Address

1800 E Martin Luther King Jr Boulevard

Amenities

  • FeaturesSidewalks
  • ParkingNone
  • ViewCity

Utilities

Phone Available, Above Ground Utilities, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Interior

  • InteriorSee Remarks
  • HeatingSee Remarks

Exterior

  • Lot DescriptionFlat
  • FoundationNone

Additional Information

  • ZoningLO-MU-V-NP

Listing Details

  • Contact Details512-913-7480
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Property Listed by: Compass RE Texas, LLC

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 24th, 2024 at 4:16pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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