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Mixed-Use Development with Parkland
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4720 East Riverside Drive, Austin, TX 78741

Large-scale, transit-oriented development with extensive parkland and greenspace.

Space Size17,813 SF - 34,223 SF
Lot Size109.00 Acres
Days on Market159

Property Features for 4720 East Riverside Drive

General Information

Standard status Active
Size 17,813 SF - 34,223 SF
Lot size 109.00 Acres
Property subtype Office

Spaces For Lease

at 4720 East Riverside Drive Contact us

1st Floor

Size
17,813 SF
Type
Office
Availability
Available
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2nd Floor

Size
32,282 SF
Type
Office
Availability
Available
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3rd Floor

Size
34,223 SF
Type
Office
Availability
Available
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4th Floor

Size
33,086 SF
Type
Office
Availability
Available
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5th Floor

Size
30,351 SF
Type
Office
Availability
Available
Contact us

6th Floor

Size
30,351 SF
Type
Office
Availability
Available
Contact us
Listing Agency: CBRE | Austin
Listed By: Troy Holme
Source: Cbre
Added: Mar 25 Changed: Aug 25 Last Checked: Aug 29 at 5:53AM

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 CBRE | Austin

Investment Insights

Based on property information with market context.

This mixed-use development, spanning 109 acres across 24 blocks, is located at 4720 East Riverside Drive, Austin, TX, 78741. The property offers 185000 square feet of office space and is designed as a transit-oriented project. The development includes over 30 acres of publicly accessible parkland and greenspace, featuring a 2-acre signature park overlooking a restored segment of Country Club Creek. The Ann and Roy Butler Hike and Bike Trail, Lady Bird Lake, and Roy G. Guerrero Park are adjacent to the property, with direct access via trails and bike lanes.

Key Highlights

  • 109‑acre development spanning 24 blocks.
  • Over 30 acres of publicly accessible parkland and greenspace.
  • Transit‑oriented, mixed‑use development.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Electrical Service HVAC Service Plumbing 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby

Demographics for 78741, TX

49,344
Population
24,763
Households
2
Avg Household Size
29
Median Age
49%
College-Educated
85%
High-School Grad
7.8 sq mi
ZIP Area
6,326
Density / Sq Mi
$66,434
Median Household Income
$41,533
Median Earnings
$1,477
Median Rent
$376,500
Median Home Value

Market

Lease Benchmarks for Austin, TX

$29.87 /SF/Yr
Avg Asking Price
$21–$39 /SF/Yr
Price Range
31,535 SF
Avg Space Size

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 - Large-scale, transit-oriented development with extensive parkland and greenspace.
Where is this office building located?
The property is located at 4720 East Riverside Drive Austin, TX.
What are key features of this property?
This property features: 109‑acre development spanning 24 blocks.; Over 30 acres of publicly accessible parkland and greenspace.; Transit‑oriented, mixed‑use development.
More about this property
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