2105 Congress AveAustin, TX 78704

Property Details for 2105 Congress Ave

Year built

1985

Construction

CONCRETE

Lot size

0.49 AC

Property size (Sq ft)

1,628 SF

Property type

Grocery and convenience stores

APN

403010105

APU

403010105

Description

This exceptional retail and restaurant property, located at 2105 S Congress Ave in Austin, Texas, offers a prime opportunity for businesses seeking high-visibility space in a thriving market. The property boasts a total of 21,713 square feet, divided into nine individual suites, providing flexibility for various tenant needs. Units range in size from a minimum of 1,506 square feet to a maximum contiguous space of 7,307 square feet, catering to a diverse range of businesses. Currently, there is 23,430 square feet of vacant space available, presenting a unique chance to establish or expand your presence in this dynamic Austin location. The property is conveniently situated in Travis County, with easy access to major thoroughfares and ample parking for customers and employees, featuring a total of 500 parking spaces. This multi-tenant building is ideal for businesses seeking a vibrant and accessible location within a bustling commercial district. The property's classification as both retail and restaurant-suitable makes it a versatile option for a variety of commercial ventures. The address is 2105 S Congress Ave, Austin, TX 78704.

• CAP approach

  CAP return

  Valuation

  6%

  $541,385

  6.5%

  $499,740

  7%

  $464,045

• Comparable approach

  Method

  Valuation

  Relative Method

  $506,903

  Geo Method

  $506,903

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $982,176

  Mixed-Use / Specialty

  $494,874

  Hospitality / Lodging

  $359,057

  Office

  $488,721

  Institutional / Educational

  $513,367

  Residential Income

  $600,640

  Multifamily

  $737,476

  Automotive / Energy

  $440,029

  Parking / Income-Based Land

  $154,896

  Restaurant / Food Service

  $250,804

  Healthcare / Senior Housing

  $510,647

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2428

Longitude

-97.7518

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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