Scofield Tracts

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Scofield Tracts

Austin, TX 78758
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This commercial land parcel encompasses 3.3 acres of total space.
  • The property is situated within the Scofield Tracts area of Austin.
  • The site represents a development opportunity in a growing Texas market.
  • Potential uses include professional offices or light industrial flex space.
  • Its location offers proximity to regional transit and employment hubs.

What's Special

Spanning 3.3 acres, this commercial land parcel sits within the Scofield Tracts area of Austin, Texas. The site provides a substantial footprint for development in a region defined by its robust technology sector and rapid urban expansion. Positioned near major transit corridors, the property benefits from the accessibility characteristic of this growing north Austin submarket. Its strategic placement makes it a viable candidate for various commercial applications, including professional office space, light industrial facilities, or flex-use developments tailored to the needs of local businesses. Investors and developers will find the dimensions and location suitable for projects requiring significant square footage in a high-demand metro area. The surrounding landscape continues to evolve, reflecting the broader economic development seen across the Austin region. This asset presents a clear path for ground-up construction or long-term land banking in a central commercial hub.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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