Approved Office Building Renovation
For Sale
Contact for pricing
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
(512) 225-2718
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.
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
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,062
Businesses Nearby
Explore this area
Business Placement
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
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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