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    1601 Rio Grande St Austin, TX 78701

    For Lease
    Contact for pricing

    Class B office building in downtown Austin with structured parking.

    Property size:
    3,485 SF
    Lot size:
    1.16 Acres

    Property Features for 1601 Rio Grande St

    General Information

    Size
    3,485 SF
    Lot size
    1.16 Acres

    Source: Endeavor Real Estate Group Agent Luke Barney

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

    Overview

    Downtown Austin Office Space Available

    Located in downtown Austin, Meridian Plaza is a Class B office building offering views and access to the State Capitol, Travis County Courthouse, the University of Texas, and the central business district. The 5-story building has a rentable area of 56,960 square feet and features an attached, structured parking garage. Situated at the northeast corner of 16th Street and Rio Grande Street, the property provides driving and pedestrian access via Rio Grande and 15th Street. It is a five-minute drive to Tarrytown, Pemberton Heights, and Clarksville neighborhoods. North Lamar Boulevard, Mopac Expressway, 15th Street, MLK Boulevard, and Interstate 35 are easily accessible. Multiple restaurants and bars are located nearby, including Ranch 616, Thunder Cloud Subs, Starbucks, El Mercado, Rattle Inn, Tiff’s Treats, Jimmy John’s, Schlotzsky’s, Chick-fil-A, Perry’s Steakhouse, and Clay Pit.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Giles Aseron PLLC Attorney 1601 Rio Grande ... Parking Lot Syrtis Solutions Software Company 3 Point Partners Public Relations Firm Meridian Plaza Parking Lot

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7453211
    Latitude
    30.2801381

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    FAQs

    What type of property is this?
    Office building - Class B office building in downtown Austin with structured parking.
    Where is this office building located?
    The property is located at 1601 Rio Grande St Austin, TX.
    What are key features of this property?
    This property features: - Stellar downtown Austin location with superior driving and pedestrian access.; - Scenic views.; - Attached, structured parking garage.
    (512) 682-5500
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    1601 Rio Grande St Austin, TX 78701
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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
    1601 Rio Grande St Austin, TX 78701
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