FM 812 Raceway Tract

13201 FM812, Del Valle, TX, 78617, US

Description

Jones Lang LaSalle Capital Markets ("JLL") is pleased to present the exclusive opportunity to acquire the FM 812 Raceway Tract (13201 FM 812), an approximate ±32.54-acre tract (the "Property" or "Site") located within the rapidly growing Austin MSA. The Property benefits from exceptional proximity to major infrastructure, positioned just 1.6 miles from Toll Road 130 and 4.4 miles from Highway 183, with nearby amenities including Tesla Gigafactory, Austin-Bergstrom International Airport, and McKinney Falls State Park. COTA serves as a premier international destination hosting Formula 1, NASCAR, MotoGP, and the future COTALAND amusement park, creating significant activity and visibility for the Site. Located within Austin's Extra Territorial Jurisdiction (ETJ), the Property offers maximum development flexibility with no specific zoning restrictions and potential deannexation options under SB 2038. This unique positioning directly across from COTA, combined with Austin MSA's robust growth fundamentals including over 150 daily population influx, strong job creation, and continued eastward expansion, presents investors with an exceptional development opportunity in one of the nation's fastest-growing markets.

...

Attributes

Land area gross

32.54 acres

Zoning

ETJ

Media

Investment highlights

• Premier Location: Gateway to COTA & Southeast Austin Growth

The Site is strategically positioned directly adjacent to Circuit of the Americas, North America's premier Formula 1 track that generates $5 billion in cumulative economic impact and attracts over 1.5 million visitors annually.

• Catalytic Economic Drivers

Southeast Austin benefits from Austin-Bergstrom International Airport's major expansion and Tesla's 5-million-square-foot Gigafactory with 20,000+ employees located just 10 miles away.

• Unrestricted Development Potential

Located within Austin's ETJ with no specific zoning restrictions and potential deannexation opportunities under SB 2038, offering exceptional development flexibility.

• Optimal Site Characteristics

The ±32.54-acre tract is relatively flat, rectangular, flood-free, and positioned less than 1,500 feet from COTA's starting straightaway.

• Surrounded by Major Developments

The Site is positioned among significant projects including The Row's 314-acre mixed-use development and Mirador's $500 million master-planned community with 4,000 residential units.

• Immediate Toll Road 130 Access