10345 1/2 Lakeline blvd - Commercial LAND FOR SALE


Austin, TX 78717- Avery Ranch40,946 SF
$750,000 USD
512-906-6757
10345 1/2 Lakeline blvd, Austin, TX for Sale
$750,000 USD
Commercial LAND - FOR SALE
1/20
40,946 SF

10345 1/2 Lakeline blvd
Austin, TX 78717
Avery Ranch


HIGHLIGHTS

  • Price reduced to $750,000 - $794,071 per acre, $18.23 per SF
  • Signalized hard corner at Lyndhurst St & Lakeline Blvd - shares a property line with CapMetro's Lakeline MetroRail Station
  • Adjacent to the new 378-unit Tisdale at Lakeline Station mixed-use development
  • PUD & TOD zoning: retail, restaurant with alcohol, medical/professional office, hotel, residential - to a ~6-story envelope
  • Water and sewer stubbed to site; entrance drive built and paid for by seller
  • Grandfathered 1997 entitlements: tree mitigation $75/inch vs. $200/inch today; exempt from the Heritage Tree Ordinance

OVERVIEW

0.9445 acres at the hard signalized corner of Lakeline Blvd and Lyndhurst St, sharing a property line with CapMetro's Lakeline MetroRail Station and the 378-unit Tisdale at Lakeline Station mixed-use development. Two things make this site unusual for its size. THE MONEY ALREADY SPENT. Water and sewer are stubbed to the property. The entrance drive (via access easement) is built and paid for by the seller. Regional stormwater detention is already constructed off-site. A buyer starts vertical work without funding the infrastructure that normally consumes the first year of a pad-site budget. THE ENTITLEMENT RISK ALREADY REMOVED. PUD and TOD zoning permits retail, restaurant with alcohol sales, medical and professional office, hotel, and residential - to an estimated 6-story envelope. The site is grandfathered under 1997 regulations: tree mitigation runs $75 per inch versus $200 per inch today, and the site is exempt from the Heritage Tree Ordinance. Certain permit submissions qualify for 10-day review. A clean 2022 Phase I ESA reports no recognized environmental conditions. FOR RETAIL DEVELOPERS AND OPERATORS Most Texas retail is underwritten on one number: drive-by count. Lakeline Blvd carries 7,982 CPD and Lyndhurst St 1,455 CPD (2025 counts). Those numbers undersell this corner, because demand here is stacked three ways rather than one: walk-up (approximately 9,372 residents within a 10-minute walk), transit (approximately 2,254 weekly boardings at the Lakeline MetroRail Station next door, plus 12 bus bays and 53 weekday express-bus connections), and drive (approximately 145,000 residents within a 10-minute drive). Concept plans for a retail/cafe layout with patio, plaza, and food-truck parking are in the offering memorandum. FOR RESIDENTIAL DEVELOPERS A concept plan for 21 townhome units across 3 stories, averaging 1,540 SF, is included in the OM. The site sits inside a State PUD that supports high-density transit-oriented development, in an area designated a Regional Center by Imagine Austin, served by Round Rock and Leander ISDs. FOR OFFICE AND MEDICAL USERS Northwest Austin's employment base anchors demand: Apple's Austin campus, Texas Children's Hospital Austin ($485M, 365,000 SF, opened 2024), and nearby employers including Indeed, Visa, Nvidia, and AT&T. Within a 15-minute drive: 439,572 daytime population, 174,214 employees, 163,983 households, and median household income of $159,404. The full permitted-use table, concept plans, and utility mapping are in the offering memorandum.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/ACRE

$797,872/AC

PRICE/SF

$18 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lakeline Pad Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Hospitality, Health Care, Hotel, Planned Unit Development, Restaurant

LAND ACRES

0.94 AC

LAND SF

40,946 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

PUD & TOD

APN/PARCEL ID

R624738

ASK ABOUT THIS PROPERTY

Nick Nelson, CCIMDeal VisionMore Info
512-906-6757

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Nick Nelson, CCIMDeal VisionMore Info
512-906-6757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.