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    2823 Martin Luther King Jr Blvd Austin, TX 78702

    For Lease
    $32 SF/Yr ($7,264 /Mo)

    Prime Austin retail, multiple spaces available.

    Lot size:
    2,724 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Platform, located at 2823 E Martin Luther King Jr Blvd in Austin, Texas (zip code 78702), offers exceptional retail space for lease in Travis County. This commercial property totals 2,724 square feet and features multiple tenancies, providing flexibility for various business needs. Three spaces are currently available, ranging in size from a minimum of 679 square feet to a maximum contiguous space of 2,045 square feet. The total vacant space available for lease is 3,601 square feet. This presents a unique opportunity for businesses seeking a prominent location in a vibrant Austin neighborhood. The property's address provides excellent visibility and accessibility, making it an ideal location for attracting customers. The diverse range of available space sizes caters to a wide array of potential tenants, from smaller startups to established businesses requiring larger footprints. This prime retail location in Austin offers a compelling opportunity for growth and success. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at latitude 30.2808681 and longitude -97.7099338.

    Property Features for 2823 Martin Luther King Jr Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,724 SF
    Total Rate
    7264

    Unit(s) available at that property

    Space
    Suite 145 & 150
    Size
    2,045 SF
    Rate per SF
    $32
    Space
    Suite 105
    Size
    679 SF
    Rate per SF
    $32
    Space
    Suite 115
    Size
    877 SF
    Rate per SF
    $32

    HighLights

    • Second‑generation retail space available on MLK Jr. Blvd. in an East Austin multifamily development.
    • Houndstooth Coffee anchors the property.
    • Features on‑site designated parking.
    • Average household income exceeds $125,000.
    • Prime location minutes from downtown Austin with easy highway access.
    • Attractive demographics offer broad market reach.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GreenEarth Photography Photographer Power Spot Climbing Rock Climbing Gym Platform Apartments Apartment Rental Agency Kasa East Austin Hotel Flower Moon Collective Eyelash Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7099338
    Latitude
    30.2808681

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    FAQs

    What type of property is this?
    Retail property - Prime Austin retail, multiple spaces available.
    Where is this retail property located?
    The property is located at 2823 Martin Luther King Jr Blvd Austin, TX.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Second-generation retail space available on MLK Jr. Blvd. in an East Austin multifamily development.; Houndstooth Coffee anchors the property.; Features on-site designated parking.
    Request Owner's contact information
    2823 Martin Luther King Jr Blvd Austin, TX 78702
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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
    2823 Martin Luther King Jr Blvd Austin, TX 78702
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