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    4900 1St St Austin, TX 78745

    Sponsored
    For Sale
    $5,995,000

    High-Income Retail Property, 16,551 SF

    Property size:
    16,551 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Austin retail property at 4900 S 1st St, Austin, TX 78745, presents a compelling investment opportunity. The 16,551 square foot building sits on a substantial 6.834-acre lot and is currently generating over $20,000 in monthly rental income. The property type is retail, currently configured for music lessons and office space. The asking price is $5,995,000, translating to $362.21 per square foot. The property boasts ample parking both in front and behind the building, providing convenient access for tenants and customers. Given the significant size of the lot and the existing income stream, this property offers considerable potential for future development or continued operation as a high-yield rental asset. Currently occupied by a tenant, viewings are available upon presentation of a contract. This is an ideal opportunity for investors seeking a strong return on investment in a prime Austin location. The property is located in Travis County and offers a unique blend of existing income and redevelopment potential. The substantial lot size provides ample room for expansion or future development projects. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Austin market.

    Property Features for 4900 1St St

    General Information

    Property type
    Retail properties
    Square Feet
    16,551 SF
    Lot Size
    297,689 SF

    Building Details

    Buildings
    1

    HighLights

    • Exceptional Austin retail property at 4900 S 1st St, Austin, TX 78745.
    • 16,551 square foot building on a 6.834‑acre lot, generating over $20,000 monthly rental income.
    • Asking price: $5,995,000 ($362.21/SF).
    • Ample front and rear parking.
    • Significant redevelopment potential due to large lot size and existing income stream.
    • Currently occupied; showings by appointment with contract.
    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 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
    -97.778055
    Latitude
    30.215094

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    FAQs

    What type of property is this?
    Retail property - High-Income Retail Property, 16,551 SF
    Where is this retail property located?
    The property is located at 4900 1St St Austin, TX.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: Exceptional Austin retail property at 4900 S 1st St, Austin, TX 78745.; 16,551 square foot building on a 6.834-acre lot, generating over $20,000 monthly rental income.; Asking price: $5,995,000 ($362.21/SF).
    (512) 784-2345
    Request Owner's contact information
    4900 1St St Austin, TX 78745
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    4900 1St St
    Austin, TX 78745
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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
    4900 1St St Austin, TX 78745
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