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Approved Office Building Renovation Plans
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1200 E Anderson Ln, Austin, TX 78753

Plans are approved and permitted to modernize the exterior, landscaping, lobby, and bathrooms for a contemporary office building.

Property Size86,910 SF
Days on Market696

Property Features for 1200 E Anderson Ln

General Information

Standard status Active
Size 86,910 SF
Property subtype OFFICE

Additional Details

Utilities to Site Yes
Listing Agency: JLL | Austin
Listed By: Grace Gammill
Source: Moodyscre
Added: Sep 4, 2024 Changed: Jul 29 Last Checked: Jul 30 at 1:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Austin

Investment Insights

Based on property information with market context.

This office building redevelopment is positioned for a streamlined improvement plan, with approved and permitted renovation design work. Ownership completed approximately 18 months of designing and permitting for the renovation at 1200 E Anderson Ln. The updates are centered on modernizing the exterior and landscaping, and upgrading the lobby and bathrooms with Class A finishes to match a contemporary look and feel.

Site plan approval was received in May of 2023, with permits approved in June 2023. The project includes 3 HVAC systems and electrical infrastructure with four distribution panels ranging from 800 to 3,000 amps, with the main distribution panel (MDP) at 3,000. The service is described as 3 phase/4 wire 277/480-volt.

With 86,910 SF of building area, the property provides an opportunity to implement the permitted renovation scope without starting the approval process from scratch.

Key Highlights

  • 86,910 SF office building
  • Site plan approval received in May 2023
  • Permits approved in June 2023

Property Analytics

Current Use

TX Higher Education ... High School College for All Texans ... Private College

Suggested Use

Top Pick Pharmacy Building Supply Real Estate Agency Gym & Fitness Center Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

Demographics for 78753, TX

58,761
Population
25,345
Households
2.3
Avg Household Size
32
Median Age
35%
College-Educated
80%
High-School Grad
11.3 sq mi
ZIP Area
5,200
Density / Sq Mi
$62,334
Median Household Income
$38,278
Median Earnings
$1,447
Median Rent
$344,100
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Plans are approved and permitted to modernize the exterior, landscaping, lobby, and bathrooms for a contemporary office building.
Where is this office building located?
The property is located at 1200 E Anderson Ln Austin, TX.
What are key features of this property?
This property features: 86,910 SF office building; Site plan approval received in May 2023; Permits approved in June 2023
(512) 225-2718 Call to check price and availability
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