729 Airport Blvd, Austin, TX 78702

$3,500,000

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List Price
$3,500,000
Status
ACTIVE
Days on Market
294
MLS#
8909488
Subtype
Commercial Sale
Year Built
1970
Lot Size
35,719
Acres
0.82
Subdivision
Walker
Neighborhood
Walker
MLS Area Major
Austin - Central, Austin - East

Property Description

2 properties (727 & 729 Airport Blvd). According to Austin's Guide to Zoning, CS-MU-CO-NP permits the following uses: up to 95% building coverage, 95% impervious cover, and a 2:1 Floor Area Ratio (FAR). This would mean that nearly the entire property can be developed with impervious surfaces, and the building itself can cover almost the entire lot, depending on any requirement for a detention pond. With a FAR of 2:1, the property may support a building totaling up to 71,650 square feet—twice the size of the lot area. Additionally, the zoning allows for a building height of up to 60 feet. With the property's Mixed-Use (MU) zoning, which allows for both commercial and residential development, combined with the generous allowances for impervious cover and Floor Area Ratio (FAR), the highest and best use could potentially be a "multi-family over commercial" design— similar to those being developed throughout the area, including just across 183. Incorporating underground parking would maximize the potential of the space, creating a ground-floor commercial area (ideal for retail, office, or other uses), while allowing for 3 to 4 stories of residential units (either condominiums or apartments) above. This approach not only optimizes the land use but also aligns with current development trends in the region. Zoning CS-MU-CO-NP: Administrative and medical offices Financial services and business schools Art gallery and workshop Auto rentals, repair, sales, and washing Building support services and maintenance Convenience storage (self storage) General retail Hotel and motel Indoor entertainment Restaurants, and Limited warehousing New Roofs were installed on all three buildings in August 2025 All information provided is deemed reliable but not guaranteed.

Additional Information

Zoning
CSMU
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Metal Siding
View
City

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Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 575-3644

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