A 54,000-sf light industrial property located at 4806 Commercial Park Dr. in Austin has recently been sold to M2G Ventures in partnership with Blue Vista Capital Management. Built in 1983 on almost four acres of land, the new owners are set to make significant upgrades to breathe new life into the property. These updates will include enhanced landscaping, move-in ready interior offices, storefront improvements, new signage, a fresh coat of paint for the building, extending the truck court, and ample parking provisions. The property is also fully climate controlled with heavy power. This isn’t the first series of updates the property has seen; the last round of renovations took place about ten years ago. For those interested in Austin’s real estate market or looking for a new industrial property, be sure to check out our comprehensive [Austin Home Search](https://austin.localteam.ai/austin-home-search/) and find your perfect location. If you’re thinking of relocating to Austin, don’t miss our [Ultimate Relocation Guide](https://austin.localteam.ai/moving-to-austin-texas-the-ultimate-relocation-guide/). Wondering how much your property is worth in the current market? You can find out by using our [Home Worth Calculator](https://austin.localteam.ai/what-is-my-home-worth/).
7 Tips for Winning a Bidding War in Austin
Learn essential strategies for winning a bidding war in Austin's competitive housing market, from securing pre-approval to building trust with sellers.