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    1206 Parkway Austin, TX 78703

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    For Lease
    Contact for pricing

    Restaurant building with patio and parking in the Market District.

    Property size:
    3,380 SF
    Lot size:
    0.34 Acres

    Property Features for 1206 Parkway

    General Information

    Size
    3,380 SF
    Lot size
    0.34 Acres

    Source: Duwest Realty | Austin Agent Jorge Rangel

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

    Overview

    Freestanding Restaurant Building For Rent

    This freestanding restaurant building is located in the heart of the Market District. The property features a 3,380-square-foot building in addition to 877 square feet of patio space. There are 27 parking spaces available. The location offers close proximity to ACC, UT, the Central Business District, Pemberton Heights, and Clarksville. This property is intended for restaurant and retail use.
    Location Intelligence

    Current Use by Public Records

    ATM Atm

    Suggested Use

    Restaurant Realty agency 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.

    Similar Places Nearby

    CharCUTE Eateries, Chef Mike, Lone Star Crawfish Company, Platinum Bar Catering, Austhentico

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7515213
    Latitude
    30.2775541

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    FAQs

    What type of property is this?
    Restaurant - Restaurant building with patio and parking in the Market District.
    Where is this restaurant located?
    The property is located at 1206 Parkway Austin, TX.
    What are key features of this property?
    This property features: - Rare freestanding restaurant building; - Located in the heart of the Market District; - 3,380 sf building plus **877 sf of patio space**
    (214) 720-0004
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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
    1206 Parkway Austin, TX 78703
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