1300 5Th StAustin, TX 78702

  • Office properties
  • 122,971 SF
For Lease

Property Details for 1300 5Th St

Year built
2022
Construction
STEEL FRAME
Lot size
0.88 AC
Property size (Sq ft)
122,971 SF
Property type
Office properties
Property subtype
Office buildings
APN
204061014
APU
204061014

Description

This exceptional executive office building, located at 1300 East 5th Street in Travis County, offers a total of 122,971 square feet of prime office space currently available for lease. The building is ideally suited for businesses seeking flexible and modern work environments. Multiple tenancy options are available, with spaces ranging from a minimum of 12,651 square feet to a maximum contiguous space of 37,021 square feet. This presents a unique opportunity for companies of various sizes to secure a prominent location in a thriving Austin neighborhood. The entire building is currently vacant, providing an unparalleled chance to customize the space to perfectly match your business needs. The property's strategic location in Travis County offers excellent access to major transportation arteries, ensuring convenient commutes for employees and clients alike. This is a rare opportunity to lease a substantial, high-quality office space in a desirable Austin location. The building's size and layout provide ample room for expansion and growth, making it an ideal long-term investment for any forward-thinking organization. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional Austin property. The entire 122,971 square feet is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $35,286,928
    6.5%
    $32,572,548
    7%
    $30,245,938
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,816,288
    Geo Method
    $36,816,288
  • Alternative Use

    Use
    Valuation
    Residential
    $40,389,960
    Hospitality
    $36,996,984
    Educational
    $30,781,058
    Medical
    $31,839,666
    Retail
    $47,881,644
1300 5Th St, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2633
Longitude
-97.7293
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
$154,785
$6,733,125
$22,294,186
$29,027,311
-
$6,733,125
$22,294,186
$29,027,311

FAQs

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