McAllister & Associates

St. Elmo Redevelopment Site

St. Elmo Redevelopment Site

4235-4243 S Congress Ave, Austin, Texas 78745

Offering Document Access

This assemblage consists of 3 cash flowing properties with an annual NOI of approximately $330,420. A 68-unit self storage facility, a Lamb's Automotive Shop, and an owner-operated equipment rental business. Please inquire for more details on income/leases in places. This assemblage is in an ideal location for a multi-family, grocery, hospitality, or mixed-use redevelopment. Current zoning (CS-MU-NP) allows for 60ft of height, while a rezone to CS-MU-V-DB90-NP allows 90ft of height.

Features

Price: $11,300,000.00

Total Acres: 1.73

Land SF: 75,358

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