1018 E Olympic Drive

Avison Young proudly presents for sale this 10.34 acre, 192-unit multifamily and 65,000 square foot commercial development parcel in Pflugerville, Texas. This property is conveniently located at the NWC of Immanuel Drive and Wells Branch Parkway and boasts excellent access to SH-130 and major area employers. Exponential residential and population growth has made Pflugerville a household name. This property is surrounded by nearly 1,500 single-family homes with more expected to come online in the quarters ahead.

The property is fully platted and shovel ready following a 12+ month entitlement process with the City of Pflugerville. Buyer will be able to break ground on grading and public improvements immediately upon closing. All civil permit approvals have been received and the building permits would be released upon payment. Upon closing, Buyer will assume:

• Plat (upon replacement of collateral)

• SDP Permit (fully approved Civil plans)

• Fully Approved Public Improvement Plans

• Full Drawing Set • Building Permit (upon payment)

With few new multifamily developments gaining approval from the city of Pflugerville recently and extremely low retail vacancy rates, this property is unlikely to encounter much competition and thus excellently positioned for success.