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well located between the new Tesla Gigafactory and Downtown Austin, along high traffic corridors, just minutes from Austin-Bergstrom International Airport, Excellent visibility from US 183 South intersection. See attached Recorded Easement from contiguous Lot 3 (5710 E MLK-4.413 acres). 211 feet MLK frontage, center turn lane, high traffic counts. Inside US 183 "loop" within Austin's Urban Core, growing vertical mixed use condo and apartment demand, strong single family sales. Booming East Office market, properties southeast of subject along 183 S have City of Austin approval for towers up to 275ft & 400ft high with minimum of 120 feet. Minutes to popular Mueller development with HEB Grocery, Walnut Creek Trail, University of Texas, downtown, Metrorail station, near upcoming Greenline and existing Redline.This Commercial Sale property located within the Reissig Floyd subdivision in Austin, TX 78721 is priced at $3,375,000/sq. ft. and has been on the market for 22 days. 5718 E Martin Luther King Jr Boulevard is 1 square feet of living space and has 0 bedrooms and 0 baths and was built in 1776.
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