8721 1St StAustin, TX 78748

Property Details for 8721 1St St

Year built

1930

Lot size

2.89 AC

Property size (Sq ft)

1,200 SF

Property type

Office buildings

APN

428131109

APU

428131109

Description

This exceptional 14,000-square-foot flex space in Austin's Freedom Park offers unparalleled versatility. Located at 8721 S 1st St, Austin, TX 78748, this single-story, 2022-built building provides a unique opportunity for businesses seeking adaptable workspace. The property boasts a generous 24'-4" ceiling height, ideal for various uses, from light industrial to office environments. The entire 14,000 square feet is currently vacant and available, offering flexibility for single or multiple tenants. Minimum divisible space is 2,000 square feet, allowing for customization to suit specific business needs. The maximum contiguous space available is the entire 14,000 square feet. The IP-CO zoning in Travis County ensures a wide range of permitted uses. This prime location in Austin offers easy access to major transportation routes and amenities. The property's modern design and ample space make it an ideal choice for companies seeking a functional and efficient workspace in a thriving Texas market. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $403,687

  6.5%

  $372,634

  7%

  $346,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $359,268

  Geo Method

  $359,268

• Alternative Use

  Use

  Valuation

  Residential

  $462,066

  Hospitality

  $423,250

  Educational

  $352,139

  Medical

  $364,250

  Retail

  $547,772

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.1757

Longitude

-97.7974

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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Please email our support team at [email protected] and they will add the team member.

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