115 St Elmo Rd Austin, TX 78745
- Industrial properties
- 20,000 SF
- 1.14 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 115 St Elmo Rd
- Year built
- 1997
- Lot size
- 1.14 lot acres
- Property size
- 20,000 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 11,212 square foot flex space, part of a larger 20,000 square foot industrial building, presents a unique opportunity in Austin's thriving St. Elmo district. Situated on a 1.14-acre lot (49,658 square feet), this Class C property boasts a 16-foot ceiling height, perfect for a variety of uses. Built in 1997, the building features two drive-in doors, enhancing accessibility and operational efficiency. The property's location offers unparalleled convenience, with easy access to South Congress Avenue, downtown Austin, and Austin-Bergstrom International Airport. The surrounding area is experiencing significant growth, with numerous new multifamily and retail developments underway, creating a dynamic and vibrant environment. This blank-slate space is ideal for creative businesses seeking a prominent location in one of Austin's fastest-growing neighborhoods. The building has a floor area ratio (FAR) of 0.4. The property is located in Travis County's South submarket cluster. Multiple tenants are currently occupying the larger building. This space offers a live-work opportunity in a highly desirable area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7663
- Latitude
- 30.217