303 Colorado StAustin, TX 78701

Property Details for 303 Colorado St

Year built

2014

Lot size

0.93 AC

Property size (Sq ft)

19,907 SF

Property type

Office buildings

APN

205020102

APU

205020102

Description

This exceptional executive office building, the Colorado Tower, located at 303 Colorado Street in the heart of Austin, Texas, presents a unique opportunity for a discerning tenant. Boasting a total of 24,184 square feet, the entire building is currently available for lease. The property is classified as an executive office space, ideal for businesses seeking a high-profile location and sophisticated environment. The building offers ample parking with 56 spaces conveniently located for tenants and their clients. Situated in Travis County, with a zip code of 78701, this property benefits from excellent accessibility and visibility. The building's modern design and prime location make it an attractive option for companies seeking to establish or expand their presence in Austin's thriving business district. The entire 24,184 square feet is currently vacant, providing a blank canvas for a tenant to customize the space to their specific needs. This presents a rare chance to secure a substantial and prestigious office space in a highly desirable Austin location. The multiple tenancy option allows for flexibility in configuring the space to accommodate various business requirements. This turnkey solution offers immediate occupancy and the opportunity to create a truly bespoke professional environment. Don't miss this chance to secure this exceptional Austin office property.

• CAP approach

  CAP return

  Valuation

  6%

  $5,712,378

  6.5%

  $5,272,964

  7%

  $4,896,324

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,959,956

  Geo Method

  $5,959,956

• Alternative Use

  Use

  Valuation

  Residential

  $6,538,476

  Hospitality

  $5,989,209

  Educational

  $4,982,952

  Medical

  $5,154,322

  Retail

  $7,751,258

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2658

Longitude

-97.7445

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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