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    507 Howard Ln Austin, TX 78753

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    For Lease
    Contact for pricing

    Modern Austin flex space, 260,090 sqft available.

    Lot size:
    260,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial property, located at 507 E Howard Ln, Austin, TX 78753, in Travis County, offers a total of 260,090 square feet of flexible and R&D space across eight single-story buildings. Built in 2019, the property boasts a 28-foot ceiling height, providing ample room for various uses. The campus is currently fully vacant and offers multiple tenancy options, with spaces ranging from a minimum of 12,665 square feet to a maximum contiguous space of 131,425 square feet. The property features a generous parking ratio of 4.0 spaces per 1,000 square feet. Power is currently supplied at 4000 amps, with an upgrade to 8000 amps scheduled for completion by the first quarter of 2026. This prime Austin location provides a well-supported environment for businesses seeking growth and long-term stability. The property's design and amenities are ideal for companies in the flex and R&D sectors. This is a rare opportunity to secure a large, modern industrial campus in a thriving Texas market.

    Property Features for 507 Howard Ln

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    260,090 SF
    Class
    A

    Building Details

    Year Built
    2019
    Buildings
    8
    Stories
    1

    Unit(s) available at that property

    Space
    Parmer 4.2 - Suite 150
    Size
    12,665 SF
    Space
    Parmer 3.4
    Size
    116,000 SF
    Space
    Parmer 7.3
    Size
    131,425 SF

    HighLights

    • Prime Northeast Austin location.
    • New Class A multi‑tenant campus.
    • Excellent access to major Austin thoroughfares.
    • Owned and managed by a leading national R&D landlord, Alexandria Real Estate Equities, Inc.
    • Suitable for flex, industrial, lab, and data center uses.
    • Professionally managed by Alexandria Real Estate Equities, Inc.
    Property Profile Location Intelligence

    Current Use by Public Records

    3M Science Center Research And Product Development Apple Center Lake ... Corporate Office Infosys Ltd Corporate Office

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.655278
    Latitude
    30.4116117

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    FAQs

    What type of property is this?
    Life science property - Modern Austin flex space, 260,090 sqft available.
    Where is this life science property located?
    The property is located at 507 Howard Ln Austin, TX.
    What are key features of this property?
    This property features: Prime Northeast Austin location.; New Class A multi-tenant campus.; Excellent access to major Austin thoroughfares.
    Request Owner's contact information
    507 Howard Ln Austin, TX 78753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 Howard Ln Austin, TX 78753
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