7.215 Acres Directly South of Mueller Community 2107, 2109, 2211 E M Franklin Ave Austin, TX
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LOTS FOR SALE 7.215 Acres Directly South of Mueller Community 2107, 2109, 2211 E M Franklin Ave Austin, TX 7.215 ACRES MIXED-USE DEVELOPMENT + Approximately 7.215 acres of close-in redevelopment land + Located approximately 500 feet from the southern boundary of the Mueller Community + In the heart of Austin’s desirable east side submarket with numerous surrounding restaurants and bars + Close proximity to major destinations: + Central Business District: 3 miles + The University of Texas at Austin: 2.5 miles + Mueller Community: less than one-half mile + Commercial mixed-use zoning: CS-MU and LO-MU CONTACT US CARTER BREED HUNTER BARRON Vice President Associate +1 512 499 4923 +1 512 499 4975 [email protected] [email protected] 7.215 ACRES FOR SALE 2107, 2109, 2211 E M FRANKLIN E M FRANKLIN TRACTS Austin, TX OFFERING SUMMARY E M Franklin Tracts The Property consists of 7.215 acres on EM Franklin Avenue contained within Lots 3,4 and 5, as shown on the included Survey/Zoning Exhibit on page 4. It is located just south of the Mueller Community which is one of the most visible and successful developments in the Austin area. Lot 5 is PROPERTY DESCRIPTION currently zoned LO-MU-NP. Lots 3 and 4 are zoned CS-MU-CO-NP. There are several existing buildings on the lots, but no leases will encumber the property following purchase. The Property is located on E M Franklin Avenue, approximately 500 feet south of its intersection with Manor Road. Manor Road forms the southern boundary of the Mueller Community and connects the area to the University of Texas campus located approximately 2.5 miles west across Interstate LOCATION 35. E M Franklin intersects with Martin Luther King Jr. Blvd., a major east-west thoroughfare that provides easy access to the Austin CBD and the University of Texas. • The Mueller Community is the site of the former primary airport serving the City of Austin. Once completed, the Mueller Community will contain approximately 5,700 homes comprising of single-family and multi-family units. It is expected to contain 10,000-13,000 residents and employees by the community’s completion. Mueller is also planned to contain 4.4 million square-feet of commercial land to be used for Office, Retail, and Restaurants. AREA AMENITIES • Morris Williams Golf Course is a public golf course which borders the Property to the east and underwent a major renovation in 2012. • Numerous local restaurants and bars which have made Austin’s near east side a major culinary and nightlife destination. • A less than 5 minute drive into downtown Austin. E M Franklin is located within the Austin Independent School district. Austin ISD is the fifth largest school district in Texas. The public schools in Austin SCHOOLS are often compared to benchmark cities such as Denver, Phoenix, Raleigh-Durham and Seattle. The Property is served by Maplewood Elementary, Kealing Middle School, and McCallum High School. The Property is bounded on the east by Morris Williams Golf Course. The rest of the Property is bounded on the north, west, and south by older ADJACENT LAND USE neighborhood commercial properties in a rapidly evolving area. Lot 5 (2107 & 2109 E M Franklin Ave) is zoned as LO-MU-NP. Lot 4 and the portion of Lot 3 are both zoned at CS-MU-CO-NP. ZONING 7.215 ACRES FOR SALE 2107, 2109, 2211 E M FRANKLIN E M FRANKLIN TRACTS Austin, TX SITE BOUNDARIES 7.215 ACRES FOR SALE 2107, 2109, 2211 E M FRANKLIN E M FRANKLIN TRACTS Austin, TX SURVEY/ZONING EXHIBIT 7.215 ACRES FOR SALE 2107, 2109, 2211 E M FRANKLIN E M FRANKLIN TRACTS Austin, TX DRIVE-TIME MAP 7.215 ACRES FOR SALE 2107, 2109, 2211 E M FRANKLIN E M FRANKLIN TRACTS Austin, TX CONTACT US CARTER BREED HUNTER BARRON Vice President Associate +1 512 499 4923 +1 512 499 4975 [email protected] [email protected] © 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners..