Parking Lot and Garage
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 Market339
Property Features for 504 Lavaca St
General Information
Standard status
Pending
Size
122,042 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Downtown
Listing Agency:
JLL | Austin
(512) 225-2700
Listed By:
Drew Fuller · License #604743
(512) 532-1931
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:02PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10,782
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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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)
