207 San Jacinto BlvdAustin, TX 78701

Property Details for 207 San Jacinto Blvd

Year built

1951

Construction

CONCRETE

Lot size

0.27 AC

Property size (Sq ft)

22,888 SF

Property type

Turn key restaurants

APN

205021501

APU

205021501

Description

This exceptional 30,000 square foot multi-tenant property at 207 San Jacinto Boulevard in Austin, Texas, 78701 offers a unique blend of traditional and creative office spaces. Currently, 1,003 square feet are vacant, presenting an immediate opportunity for businesses seeking a vibrant downtown location. The building boasts a flexible layout, easily adaptable to various needs. A significant highlight is the approximately 10,000 square foot basement, perfect for events. This versatile space includes three rooms of varying sizes and a prep kitchen, ideal for conferences, workshops, or private functions. The building's architecture and open floor plan provide a blank canvas for creative design and build-outs. For smaller businesses, three private offices, each approximately 120 square feet, are also available. This property is situated in the heart of downtown Austin, at the highly visible intersection of 3rd Street and San Jacinto Boulevard, offering unparalleled access to Austin's thriving business district, cultural attractions, and amenities. The property is classified as Retail, Office, and is suitable for a variety of uses.

• CAP approach

  CAP return

  Valuation

  6%

  $7,611,320

  6.5%

  $7,025,830

  7%

  $6,523,990

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,126,540

  Geo Method

  $7,126,540

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $13,808,400

  Mixed-Use / Specialty

  $6,957,420

  Hospitality / Lodging

  $5,047,970

  Office

  $6,870,910

  Institutional / Educational

  $7,217,410

  Residential Income

  $8,444,370

  Multifamily

  $10,368,200

  Automotive / Energy

  $6,186,350

  Parking / Income-Based Land

  $2,177,680

  Restaurant / Food Service

  $3,526,050

  Healthcare / Senior Housing

  $7,179,180

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2643

Longitude

-97.7413

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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