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    313 S Congress Ave Austin, TX 78701

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    For Sale
    Contact for pricing

    Prime redevelopment site on South Congress in Austin, Texas.

    Property size:
    35,449 SF
    Lot size:
    0.58 Acres

    Property Features for 313 S Congress Ave

    General Information

    Size
    35,449 SF
    Lot size
    0.58 Acres

    Source: Martine Properties, INC. Agent Mike Martine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Congress Redevelopment Opportunity

    Located on South Congress in the South Central Waterfront District and next door to the former Austin American Statesman site, this property presents a redevelopment opportunity. The site, totaling 35449 square feet, is suitable for multifamily development, with a Planned Unit Development (PUD) already in place. Currently, a Firestone auto shop operates on one tract, and a 5,000 square foot office building occupies the second tract. All leases can be terminated with one-year notice following the sale of the properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Daycare Center Skin Care Clinic Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7460744
    Latitude
    30.2586961

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    FAQs

    What type of property is this?
    Office building - Prime redevelopment site on South Congress in Austin, Texas.
    Where is this office building located?
    The property is located at 313 S Congress Ave Austin, TX.
    What are key features of this property?
    This property features: - Prime redevelopment site for multifamily with PUD in place.; - Located on South Congress in the South Central Waterfront District.; - Next door to the former Austin American Statesman site.
    (512) 563-3818
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    Austin, TX 78701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    313 S Congress Ave Austin, TX 78701
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