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
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Cesar Chavez St Austin, TX 78702
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Cesar Chavez St Austin, TX 78702
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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