2500 Longview StAustin, TX 78705

Property Details for 2500 Longview St

Year built

2021

Lot size

0.02 AC

Property size (Sq ft)

1,744 SF

Property type

Office buildings

APN

214001702

APU

214001702

Description

This stunning, brand-new 1,744 square foot Class A office condo is located at 2500 Longview St #030 in Austin, Texas, within the Cascade Condominiums. Built in 2023, this vacant unit boasts a desirable executive, medical, or creative office layout, perfect for owner-occupancy or investment. The interior features a welcoming reception area, four private offices, a conference room, two restrooms, and a kitchen, all bathed in natural light. The property includes four parking spaces and is zoned GO. Its central location offers easy access to the University of Texas, downtown Austin, and west Austin, providing excellent visibility and convenience. The unit is move-in ready, featuring beautiful interior finishes. The seller may consider including furniture in the sale. This presents a unique opportunity to acquire a high-quality office space in a thriving Austin neighborhood. The property is easily accessible from 24th Street and North Lamar Boulevard. Building signage and street parking are also available.

• CAP approach

  CAP return

  Valuation

  6%

  $627,041

  6.5%

  $578,807

  7%

  $537,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $522,136

  Geo Method

  $522,136

• Alternative Use

  Use

  Valuation

  Residential

  $717,720

  Hospitality

  $657,428

  Educational

  $546,972

  Medical

  $565,784

  Retail

  $850,846

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2901

Longitude

-97.7511

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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