804 Congress AveAustin, TX 78701

  • Office properties
  • 41,358 SF
For Lease
$52/SF/YR View listing

Property Details for 804 Congress Ave

Year built
1900
Construction
CONCRETE
Lot size
0.17 AC
Property size (Sq ft)
41,358 SF
Property type
Office properties
Property subtype
Office buildings
APN
206030407
APU
206030407

Description

804 Congress Avenue, also known as The Bosche-Hogg Building, presents a unique opportunity to lease office space in the heart of downtown Austin, Texas. This six-story, historic building, constructed in 1897 and recently renovated, offers 41,422 square feet of commercial space, with multiple tenancy options. The building boasts a minimum divisible space of 6,770 square feet, and a maximum contiguous space of 8,464 square feet. Currently, 23,567 square feet are vacant and available for lease. Located just three blocks from the Texas State Capitol, it enjoys close proximity to the courthouse and the University of Texas, offering unparalleled access to government, legal, and academic communities. The building's central location provides easy access to numerous restaurants and attractions. Tenants will benefit from creative office suites, premier signage opportunities, and the convenience of parking (a ratio of 3 spaces per 1,000 square feet). Enjoy stunning views of the Texas State Capitol from select offices. This property in Travis County, zip code 78701, offers a blend of historic charm and modern amenities, making it an ideal location for businesses seeking a prestigious and convenient address in Austin.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,867,812
    6.5%
    $10,954,903
    7%
    $10,172,410
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,382,172
    Geo Method
    $12,382,172
  • Alternative Use

    Use
    Valuation
    Residential
    $13,584,080
    Hospitality
    $12,442,945
    Educational
    $10,352,384
    Medical
    $10,708,418
    Retail
    $16,103,708
804 Congress Ave, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2703
Longitude
-97.7424
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
-
$4,784,000
$14,198,056
$18,982,056
-
$4,784,000
$14,198,056
$18,982,056

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