5225 Cesar Chavez StAustin, TX 78702

  • Parking lots & garages
  • 7,850 SF
For Sale
$4,300,000 View listing

Property Details for 5225 Cesar Chavez St

Year built
1975
Construction
STEEL FRAME
Lot size
1.16 AC
Property size (Sq ft)
7,850 SF
Property type
Parking lots & garages
APN
200160404
APU
200160404

Description

This exceptional 10,500-square-foot commercial property in Austin, Texas, presents a unique investment opportunity. Located at 5225 E. Cesar Chavez Street, this 1.16-acre lot boasts a 6,500-square-foot warehouse/shop and an additional 1,500 square feet of office space. The property enjoys a prime location just a short distance from the US 183 intersection, near the Borden Milk plant, and benefits from excellent visibility and access to major roadways. For over half a century, this site housed a thriving automotive business, demonstrating its suitability for a wide range of commercial uses. Zoned for light industrial and commercial purposes, the property is ideally positioned to capitalize on the growth and development of East Austin. Its proximity to the upcoming Borden mixed-use development further enhances its investment potential, making it an attractive option for businesses seeking a dynamic and thriving location. The property's substantial size and versatile layout offer significant flexibility for future development and expansion. This is a rare chance to acquire a well-established commercial property in a rapidly evolving area of Austin. The property's history of successful operation, combined with its strategic location and zoning, makes it an exceptional investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,610,490
    6.5%
    $2,409,680
    7%
    $2,237,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,444,220
    Geo Method
    $2,444,220
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,735,920
    Mixed-Use / Specialty
    $2,386,220
    Hospitality / Lodging
    $1,731,330
    Office
    $2,356,550
    Institutional / Educational
    $2,475,390
    Residential Income
    $2,896,200
    Multifamily
    $3,556,010
    Automotive / Energy
    $2,121,760
    Parking / Income-Based Land
    $746,890
    Restaurant / Food Service
    $1,209,350
    Healthcare / Senior Housing
    $2,462,270

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2505
Longitude
-97.6966
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
$48,279
$2,026,400
$584,567
$2,610,967
-
$2,026,400
$584,567
$2,610,967

FAQs

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