prime re-development or sale opportunity in austin, … › d2 › 0sjyfun4rgrocul-bxdjrr6... ·...

11705 Research Blvd is a 57.33 Acre premier re-development opportunity in Northwest Austin, with a multitude of potential future uses. 11705 is located at the full diamond interchange of Highway 183 and Duval Rd and encompasses four parcels ranging from 3.34 to 35.21 Acres. 48 of the Acres are currently zoned LI (Limited Industrial Services). The remainder of the property has a combination of LO (Limited Office) or LI-CO (Limited Industrial Conditional Overlay). The property currently has three prior generation buildings which total ±218,931 square feet.

The property has excellent access to Highway 183 via the frontage road of Research Blvd to the West

PRIME RE-DEVELOPMENT OPPORTUNITY IN AUSTIN, TX

57.33 AC

1170 5B O U L E V A R DN O R T H

RESEARCH

A U S T I N

FOR A COMPREHENSIVE OFFERING MEMORANDUM, PLEASE CONTACT US

GARY GREGG, Managing Principal 602.648.7350 | ggregg@cresa.com

ERIC WALKER, Senior Vice President 602.648.7345 | ewalker@cresa.com

JENNY TURNER, Vice President 602.648.7346 | jturner@cresa.com

BRANT BRYAN, Managing Principal, Capital Markets 972.250.1618 | bbryan@cresa.com

DAVID STRINGFIELD, Managing Principal, Capital Markets 972.713.4000 | dstringfield@cresa.com

CHRIS MARCHBANKS, Managing Principal 512.716.8261 | cmarchbanks@cresa.com

FOR SALE

183

DUVAL RD

RESEARCH BLVD

RESEARC

H BLV

D

N

or Duval Rd to the South, so that 11705 Research Blvd quickly connects to the major thoroughfares of Northwest Austin. The property boasts two points of ingress and egress, via Research Blvd to the West and Cow Path to the Southeast.

In close proximity to The Domain and the Apple Regional Headquarters, 11705 presents a rare re-development opportunity of a property surrounded by extensive residential, retail, and office development in one of the country’s most dynamic and preeminent submarkets. With an array of potential uses, 11705 Research Blvd provides upside in a wide variety of ways for buyers.

Cresa is the world’s largest tenant-only commercial real estate firm. In representing tenants exclusively — no landlords, no developers — we provide unbiased, conflict-free advice. Our integrated services cover every aspect of a real estate transaction from site selection and financing to project management and relocation services. We offer our clients customized solutions with over 60 offices covering 75 markets worldwide. For more information, visit www.cresa.com.

Cresa © 2019. All rights reserved. The information contained in this document has been obtained from sources believed reliable. While Cresa does not doubt its accuracy, Cresa has not verified it and makes no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Total 57.33 AC

Parcel 4

Parcel 3

Parcel 2

Parcel 1

DUVAL RDC

OW

PAT

H

BULL RUN

JOLLYVILLE RD

RESEARC

H BLV

D

RESEARC

H BLV

D

Parcel Size Zoning

1 3.17 AC Limited Office (LO)

2 12.87 AC Light Industrial (LI)

3 6.08 AC Light Industrial

Conditional Overlay (LI-CO)

4 35.21 AC Light Industrial (LI)

1

360

71

45

130

35

183

290

290

183

Downtown

The Domain

1170 5B O U L E V A R DN O R T H

RESEARCH

A U S T I N

N