$2,050,000
( $427.08Per Sq Foot )
 $11,005 est/mo Sourced by Back At You

320 W William Cannon Dr,Austin, TX 78745

Austin, TX 78745

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Description

CS-MU-CO-NP zoned and ready for what's next. The CS base is one of Austin's broadest commercial designations, opening the door to an exceptional range of by-right uses -- restaurant and food service, retail, medical and professional office, personal services, financial services, food sales, and more. The Mixed Use overlay layers residential on top, allowing multifamily, condominium, townhouse, or mixed-use development on the same site. The property was previously permitted for restaurant use and retains an existing grease trap on site -- a head start for any food and beverage operator. Not in a flood zone, no creek buffer, no major environmental constraints, and the city has confirmed strong building coverage and FAR potential -- a clean path forward for a wide range of commercial or mixed-use visions. 4,800 SF freestanding on 1.12 acres with about 65 paved parking spaces and a lot-to-building ratio that gives a new owner real flexibility. Hard corner at a signalized intersection on W William Cannon Drive -- one of South Austin’s most heavily traveled corridors the site benefits from exceptional frontage, strong daily traffic counts, easy ingress/egress, and visibility that is billboard-grade. Repurpose the existing improvements, expand the current footprint, or pursue a more substantial redevelopment play. Signalized corner sites with this level of zoning flexibility, parking, visibility, and land size rarely trade at this price point in South Austin. Contact listing agent today for questions and a private tour!

Details

MLS #2479764
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1987
Days On Site94
Listing Provided ByCompass RE Texas, LLC | John Mundell

Features

SQ Feet4,800
Building(s)1
ZoningCS-MU-CO-NP — General Co
Acreage1.12
Property ViewNone

Interior

CoolingCentral Air
HeatingCentral
FlooringCarpet, Laminate, Tile

Exterior

Foundation DetailsSlab
TopographyLevel, flat lot with ample paved surface area, mature trees, and direct access from W William Cannon Drive.
Construction MaterialsBrick Veneer
Security FeaturesSee Remarks, Closed Circuit Camera(s), Security Fence, Security Lights, Security System

Parking

Parking FeaturesOn Site, Parking Lot, Paved

Utilities

UtilitiesCable Connected, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Other

List AorAustin Board Of Realtors

Taxes

Property33786

Area Information

StateTX
CountyTravis
CityAustin
Zip Code78745
Area10N
Community NameSouthridge Plaza
Listing VS Median (in Southridge Plaza)
Price:
$2,050,000
low | high
Med:
$2,050,000
50% of Average
sqft:
4,800
low | high
Med:
4,800
50% of Average
$ / sqft:
$427
low | high
Med:
$427
50% of Average
On site:
94
low | high
Med:
94
100% of Average
Sourced by Back At You

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 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of August 29, 2026 at 4:23:25 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityAustin
Zip Code78745
Area10N
Community NameSouthridge Plaza
Listing VS Median (in Southridge Plaza)
Price:
$2,050,000
low | high
Med:
$2,050,000
50% of Average
sqft:
4,800
low | high
Med:
4,800
50% of Average
$ / sqft:
$427
low | high
Med:
$427
50% of Average
On site:
94
low | high
Med:
94
100% of Average
Sourced by Back At You
Listing Updated: August 12, 2026 at 10:52:18 PM PDT
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