1000 41St StAustin, TX 78751

Property Details for 1000 41St St

Year built

2001

Lot size

0.69 AC

Property size (Sq ft)

3,202 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

218091404

APU

218091404

Description

This freestanding commercial retail property, located at 1000 East 41st Street in Austin, Travis County, Texas, 78751, offers a single, available suite totaling 2,060 square feet. The entire building comprises 262,719 square feet, currently occupied as a single tenancy. This exceptional opportunity is situated off Interstate 35, providing convenient access and high visibility in a densely populated area of central Austin. Its proximity to downtown Austin and the University of Texas ensures a robust customer base and significant foot traffic. The property's location offers unparalleled convenience and accessibility for businesses seeking a prime retail location in a thriving urban environment. The minimum divisible space is 2,060 square feet, making it ideal for a variety of retail uses. This presents a unique chance to establish a presence in a high-demand area with excellent transportation links and a strong local economy. The property's geographic coordinates are 30.2998261 latitude and -97.7218662 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $1,692,341

  6.5%

  $1,562,161

  7%

  $1,450,578

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,415,790

  Geo Method

  $2,415,790

• Alternative Use

  Use

  Valuation

  Residential

  $1,317,741

  Hospitality

  $1,207,044

  Educational

  $1,004,246

  Medical

  $1,038,784

  Retail

  $1,562,161

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2988

Longitude

-97.7202

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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