4505 Martin Luther King Jr BlvdAustin, TX 78721

  • Industrial properties
  • 1,160 SF
For Lease
$28/SF/YR View listing

Property Details for 4505 Martin Luther King Jr Blvd

Year built
2016
Lot size
0.08 AC
Property size (Sq ft)
1,160 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
212200910
APU
212200910

Description

This exceptional Austin, Texas property, located at 4505 E Martin Luther King Jr Blvd, offers two available retail condos totaling 1,160 to 1,163 square feet each. Situated in a Class B building constructed in 2019, these versatile spaces are perfect for creative office, retail, or live/work arrangements. The units are easily combinable for a total of 2,323 square feet, providing significant expansion potential. Located in Travis County, with a GR-MU zoning designation, the property boasts six total parking spaces and is conveniently situated near Springdale. The building features accessible design, making it an attractive option for a wide range of businesses. This prime East Austin location offers high visibility and access to a thriving community, presenting a smart investment opportunity in a rapidly growing market. The property's adaptability and location make it an ideal choice for entrepreneurs seeking a flexible and high-return investment. Don't miss this chance to secure a foothold in one of Austin's most dynamic neighborhoods. The minimum divisible space is 1,160 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $657,637
    Hospitality
    $602,392
    Educational
    $501,183
    Medical
    $518,419
    Retail
    $779,618
4505 Martin Luther King Jr Blvd, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2853
Longitude
-97.6842
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$90,382
$516,883
$607,265
-
$90,382
$516,883
$607,265

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