Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the redevelopment opportunity located at 9433 Parkfield Dr., Austin TX 78758. This asset is situated on 1.26 AC in the heart of North Austin surrounded by the dense NACA neighborhood. The property has several income generators, including the car wash, and 3 operating food trucks currently on the property (two trucks are presently month-to-month, one truck on a lease). There are spotsfor 4 trucks on site. Additionally a new buyer can also take advantage of the inspection shop (presently vacant) to achieve more cashflow from their 1,056 SF footprint, whether in the short or long term. The car wash is operational. The cell tower portion is not included in the sale. There is an easement that leads directly to Rutland Dr., allowing for two points of access to the property. Previous P&L, income statements, and easement information are avaliable via a signed NDA. Parkfield Dr. offers 7,188 VPD and Rutland Dr. offers 8,598 VPD. The property is situated right in the middle of the NACA neighborhood, which includes hundreds of single-family homes creating a built-in customer base. The property is directly across a 62,000 SF shopping center boasting a mix of local and national tenants. Bullish demographics surround the site – a 9.22 percent population increase was recorded between ’20-‘24 with an average household income of $94,947, both within 3 miles of the site.