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Attributes

Year Built 2000
Land Area ()

Asset Description

Jones Lang LaSalle (“JLL”) is thrilled to offer the exclusive opportunity to acquire 8205 Elroy Road, an approximately 186.552-acre tract (the “Property” or “Site”) located inside of the rapidly growing Austin MSA and directly adjacent to the F1 track, Circuit of the America’s (COTA). Positioned about 2.9 miles from Toll Road 130 and 5.5 miles or 9 minutes from Highway 183, this Site is located just off the rapidly expanding 130 corridor that circumnavigates the Interstate 35 corridor running North to South on the East side of Austin. Being directly adjacent to the racetrack, this site is prime for development and future growth as the entire Austin MSA expands to the East. Other than the track, close amenities include the Tesla Gigafactory, the Austin-Bergstrom International airport just north-west of the site, McKinney Falls State Park, a straight shot up Elroy road turning into Burleson road, and the rest of what southeast Austin has to offer. With no current zoning, this Site is in the Austin ETJ, giving it numerous potential uses that could work for future development. The opportunity presents investors with a development Site very uniquely located in one of the fastest growing regions in the nation as the Austin MSA continues to prosper with job growth, economic drivers and over 184 people a day moving to the area. 

Investment Highlights

  • South East Austin economic demand drivers such as Tesla, COTA, ABIA
  • Flexible large acreage development site
  • Directly adjacent to Circuit of the America's (COTA) F1 Track
  • Proximate to the Toll Road 130 corridor
  • Southeast Austin, area of Austin with major corporate HQ relocations
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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