Unlock the potential of 3400 and 3402 Northland Drive, a prime commercial investment property nestled in central Austin. Conveniently located off 2222 and Mopac, the 3400 Northland tract currently zoned Neighborhood Office (NO) and the 3402 tract is zoned Single Family 3 (SF-3). There is potential to rezone both lots to Limited Office-Mixed Use. Explore various use options including MU (mixed used), SFR (single family residence), MF (multifamily), Medical Office, Art Gallery, or Day Care. Two adjacent lots that will appeal to multifamily investors, business offices, or family offices alike. Positioned in the north-central Austin community with easy access to downtown Austin just 8 miles away, this property offers commercial potential with a neighborhood-feel. Seize this rare opportunity to shape the future of 3400 and 3402 Northland Drive. Whether you're an investor, developer, or entrepreneur, this property beckons with its potential and promise in 78731. The property is tenant-occupied through 2025 and may require more than 48 hours to arrange a showing See agent for zoning and site plan details. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Location, location location! 14 office spaces + Common Greeting Area + Kitchen area located in the heart of the highly coveted Northwest Hills area just 5 min to Downtown Austin! When you drive in you are greeted with classic nostalgia & old growth oak trees with lush landscaping throughout the complex. The space itself is a generous 3088 sqft on the 2nd floor overlooking the outdoor courtyard with a zero-scaped Spanish fountain & towering Oaks that can be seen from most of the windows creating that outside/in feeling while you work. The space is malleable and walls can be moved to create different configurations for just about any type of office space you might need. We can show you other space in the building where multiple different styles from conference rooms to open glass cubicles to photography shooting space have been created to help visualize what is possible. The 14 offices currently have 8 rented units with leases that can be renewed or dissolved and the other have been left open for the new owner to do as they wish. Parking for this unit is 1 Covered Assigned Spot with the rest of the parking being common uncovered spaces. Ideal for Investors or Owner User!
The best remaining properties are the Hidden Gems! Office Building Site for Sale but uses other than office may be possible too. Private Schools, Community Recreation, Medical Offices, General Retail, Indoor Sports and Recreation, Religious Assembly, and more! Approval of City of Austin Site Development Permit anticipated for 2024 for approximately 110,000 square feet of lease-able office space. Convenient close-in location. Is the price is negotiable? Of course! Tell us what works best for you! The closing can be scheduled for a date after the site development permit is approved or sooner. Property Taxes, Tax Rate and Tax values are estimates only and used as placeholders in this listing since the county appraised value on this 10.112 acres has not been published yet. Other data reported in this listing contains estimates as well. We are just selling the land, the building is not yet built, so Buyer may pursue his preferred Architectural Design and Builder. Attractive, gently sloping site with appealing views of the valley and dramatic views of Bull Creek! Prior settlement agreement with City of Austin allows for waiver of some City of Austin development fees and for grandfathering to earlier development rules. Engineer reports an estimated 464 parking spaces, so parking ratio is an estimate. The attached floor plan is for conceptual display purposes only but other uses may be possible too. Two of the three principals of the ownership are State of Texas licensed real estate brokers. Preferred Title Company: Capstone Title – Foskitt. To see the property please contact the listing broker. There are steep cliffs on the part of this property overlooking Bull Creek.
The median home value in Austin, TX is $577,400. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in Austin, TX is $577,400. Approximately 41.69% of Austin homes are owned, compared to 51.62% rented, while 6.7% are vacant. Austin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Austin real estate agent to arrange a tour today!
Austin, Texas 78731 has a population of 944,658. Austin 78731 is less family-centric than the surrounding county with 35.04% of the households containing married families with children. The county average for households married with children is 36.42%.
The median household income in Austin, Texas 78731 is $78,965. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in Austin 78731 is 33.9 years.
The average high temperature in July is 95 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 34.9 inches per year, with 0.3 inches of snow per year.