111 Congress Ave Austin, TX 78701
Located in the heart of downtown Austin at 111 Congress Avenue, this Class A office building offers 78,704 square feet of premium workspace. The building, a striking red granite skyscraper, boasts a two-story marble lobby and recently underwent renovations in 2019. Available spaces range from a minimum of 100 square feet to a maximum contiguous space of 5,000 square feet, catering to diverse business needs. The building features 350 suites in total, with 6,620 square feet currently vacant. Tenants can choose from various office configurations including traditional, executive, coworking, and creative office spaces, all designed with modern aesthetics and functionality. Enjoy floor-to-ceiling windows offering stunning city and Colorado River views. Amenities include elevators, proximity to a gym and the Fareground food hall, and access to a one-acre sunken plaza with a waterfall and event space. The building's central location provides easy access to the State Capitol, Austin Convention Center, numerous restaurants, and attractions. Public transportation is readily available, with a bus stop nearby and the Downtown Light Rail Station within an eight-minute walk. This prime location offers excellent networking opportunities, with neighboring tenants including Wells Fargo Bank and Merrill Lynch.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.