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    1302 51St St Austin, TX 78723

    Sponsored
    For Sale
    $1,100,000

    Prime Austin location, 1,451 SF office.

    Property size:
    1,451 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,451 square foot executive office building is situated on a 7,856.83 square foot lot in Austin, Texas, at 1302 E 51st St, zip code 78723. The property is zoned GR-MU-V-CO-NP and offers city utilities. The building's asking price is $1,100,000. Its convenient location provides easy access to the Mueller development and a variety of restaurants, with downtown Austin just minutes away. High traffic counts along East 51st Street ensure excellent visibility. This Class C office space presents a compelling investment opportunity for discerning buyers seeking a well-located, functional executive office building in a thriving Austin neighborhood. The net rentable square footage is 1,451 square feet, mirroring the total building square footage. This property is ideal for a business seeking a prominent presence in a rapidly growing area of Austin. The property's location offers both convenience and high visibility, making it an attractive option for a variety of office uses.

    Property Features for 1302 51St St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,451 SF
    Class
    C

    HighLights

    • $1,100,000 Asking Price
    • 1,451 square foot Executive Office building
    • 7,856.83 square foot lot
    • City utilities
    • GR‑MU‑V‑CO‑NP zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -97.7060102
    Latitude
    30.3075425

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Austin location, 1,451 SF office.
    Where is this office property / space located?
    The property is located at 1302 51St St Austin, TX.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 Asking Price; 1,451 square foot Executive Office building; 7,856.83 square foot lot
    (512) 605-7494
    Request Owner's contact information
    1302 51St St Austin, TX 78723
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    Austin, TX 78723
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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
    1302 51St St Austin, TX 78723
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