Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    500 W Martin Luther King Jr Blvd Austin, TX 78701

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime retail and office space near the University of Texas.

    Property size:
    1,298 SF
    Lot size:
    0.39 Acres

    Property Features for 500 W Martin Luther King Jr Blvd

    General Information

    Size
    1,298 SF
    Lot size
    0.39 Acres

    Source: CBRE | Austin Agent Carson Hawley

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

    Overview

    Retail and Office Space Available

    This property offers prime retail and office space. It is located in close proximity to the University of Texas. The location provides visibility from Martin Luther King Jr. Boulevard, benefiting from high traffic and pedestrian activity. Covered garage validation parking is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    St. Austin Catholic ... Parking Garage St. Austin Parking ... Parking Garage

    Suggested Use

    Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Clothing Store Daycare Center 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
    -97.4136623
    Latitude
    30.5645113

    Nearby Similar for Lease

    • $2,800 /Mo
      5,131 SF

      Austin Office Space For Rent

      Well-maintained office space in prime South Central Austin location.
      608 W Oltorf St, Austin, TX 78704
      View Details
    • $5,000 /Mo
      7,318 SF

      Renovated Commercial Space with Yard

      Adaptable 2,342 SF commercial space with outdoor area in Austin.
      2008 E 12Th St, Austin, TX 78702
      View Details
    • $4,353 /Mo
      33,795 SF

      Furnished Clinic Space Available

      Ready-to-go clinic space in Anderson Mill Medical Center.
      12411 Hymeadow Dr, Austin, TX 78750
      View Details
    • $1,200 /Mo
      1,744 SF

      South Austin Professional Office Space

      Spacious office with conference room, kitchenette, and private restroom.
      608 W Oltorf St, Austin, TX 78704
      View Details
    • Contact for pricing
      43,273 SF

      Upscale Office Space in Austin

      Refined office space with modern amenities in vibrant Clarksville.
      506 Walsh St, Austin, TX 78703
      View Details
    • Contact for pricing
      38,400 SF

      Adaptable Warehouse Space in Austin

      38,400 SF warehouse space suitable for various operations.
      8115 Altoga Dr, Austin, TX 78724
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail and office space near the University of Texas.
    Where is this retail space located?
    The property is located at 500 W Martin Luther King Jr Blvd Austin, TX.
    What are key features of this property?
    This property features: - Prime retail and office space available; - Close proximity to the University of Texas; - Excellent visibility from MLK
    (512) 499-4900
    Request Owner's contact information
    500 W Martin Luther King Jr Blvd Austin, TX 78701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    500 W Martin Luther King Jr Blvd
    Austin, TX 78701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    500 W Martin Luther King Jr Blvd Austin, TX 78701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.