5611 Adams AveAustin, TX 78756

  • Retail properties
  • 5,640 SF
For Sale

Property Details for 5611 Adams Ave

Year built
1955
Lot size
0.33 AC
Property size (Sq ft)
5,640 SF
Property type
Retail properties
Property subtype
Retail space
APN
229030333
APU
229030333

Description

This exceptional value-add opportunity presents a 6,205-square-foot office building ideally situated in Austin, Texas, at 5611 Adams Ave, zip code 78756. The property, located in Travis County, boasts a prime location within Burnet Road's highly walkable corridor. The building, constructed in 1955 and extensively renovated in 2023, offers a blend of creative and traditional office space, making it suitable for a variety of uses. The single-tenant building comprises two stories within a single structure on a 0.33-acre lot. Currently vacant, this property presents a blank canvas for immediate occupancy or further development. The permitted zoning is CS-MU-CO-NP. The recent $200,000 renovation provides a significant advantage, minimizing immediate capital expenditure needs. This Class C building offers a compelling investment opportunity for those seeking a well-located, recently updated property in a thriving Austin neighborhood. The property's size and central location make it attractive for a range of businesses seeking office, storage, or warehouse space. This is a rare chance to acquire a value-add asset in a highly desirable area of Austin.

5611 Adams Ave, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.3308
Longitude
-97.739
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
$13,395
$583,560
$416,440
$1,000,000
-
$583,560
$416,440
$1,000,000

FAQs

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