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Parking Lot and Garage Opportunity
For Sale
Contact for pricing
Pending

504 Lavaca St, Austin, TX 78701

For sale parking facility totaling 122,042 SF with 2023 gross parking revenue cited in remarks.

Property Size122,042 SF
Days on Market248

Property Features for 504 Lavaca St

General Information

Standard status Pending
Size 122,042 SF
Property subtype OFFICE
Listing Agency: JLL
Listed By: Drew Fuller · License #604743
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 28 Last Checked: Jul 29 at 3:15PM

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

Investment Insights

Based on property information with market context.

This for-sale parking lot/garage property totals 122,042 square feet. The seller’s public remarks cite $2.4M in gross parking revenue for 2023 and an “immediate” opportunity to increase revenues by $685k.

The remarks also indicate the facility has the highest parking ratio within a two-block radius. In addition, the seller describes a future redevelopment opportunity of up to 882,090 SF.

Addressed at 504 Lavaca St in Austin, Texas, this asset is presented as a parking-focused use with potential for future redevelopment as described in the provided materials.

Key Highlights

  • 122,042 SF parking facility for sale
  • $2.4M gross parking revenue cited for 2023
  • Opportunity to immediately increase revenues by $685k (per remarks)

Property Analytics

Current Use

METROPOLIS PARKING Parking Lot & Garage Chase Mortgage Loan Service JY Air Duct ... HVAC Service The O'Toole Law Firm, ... Law Firm CONTAX, Inc. SAP ... IT Consulting Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Fish Market Adult Day Care Farmer's Market

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

Location Intelligence

Trade Area within ½ mile

10,782
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78701, TX

11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Parking lot & garage - For sale parking facility totaling 122,042 SF with 2023 gross parking revenue cited in remarks.
Where is this parking lot & garage located?
The property is located at 504 Lavaca St Austin, TX.
What are key features of this property?
This property features: 122,042 SF parking facility for sale; $2.4M gross parking revenue cited for 2023; Opportunity to immediately increase revenues by $685k (per remarks)
(512) 225-2700 Call to check price and availability
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