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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1708 Congress Ave Austin, TX 78704

3,298 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,298 square foot retail property is ideally situated on South Congress Avenue (SoCo) in Austin, Texas, within Travis County. The property is currently 100% occupied under a single-tenant lease. Its location in the vibrant SoCo district places it at the heart of Austin's renowned entertainment and retail scene, attracting both local residents and tourists. This area is celebrated for its diverse mix of businesses, including national and international brands, restaurants, unique shops, boutiques, bars, and live music venues. The high foot traffic and walkability of SoCo, combined with ample street parking and convenient access to ride-sharing services and scooters, make this a highly desirable location for retail businesses. The property's single-tenant occupancy ensures a stable income stream. This presents a compelling investment opportunity in a thriving and sought-after Austin neighborhood. The zip code is 78704.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,298 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Limbo Jewelry SoCo (Bike/Boat/Book/etc) Store
  • Triple Z Threadz SoCo Clothing Store
  • Dope Daughters (Bike/Boat/Book/etc) Store
  • Little Limbo SoCo (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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