2nd & Pleasant Valley - Redevelopment Opportunity in East Austin . A +/-12,650 SF (0.29 AC) hard corner at the northeast corner of N Pleasant Valley Rd and E 2nd St, with 138 ft of frontage on Pleasant Valley and 92 ft on E 2nd. One block north of the signalized Cesar Chavez intersection, 2.1 miles from downtown Austin, on the CapMetro Rapid 800 BRT corridor. TENANT WILLING TO STAY: The current tire-service tenant is willing to stay and has expressed interest in a new long-term lease. A buyer can keep the building leased and collecting rent while working through design and permitting for their project, instead of carrying a vacant building. The +/-3,650 SF building dates to 1978 and is effectively fully depreciated. The value is the land and the entitlement. Zoning is GR-MU-NP, which already permits residential.