Current Use by Public Records
- Office Spaces
Property Details for 1402 Loop Blvd
- Year built
- 1965
- Lot size
- 0.18 lot acres
- Property type
- Office Spaces
- Property subtype
- Office Units
Description
This exceptional Class A creative office building, located at 1402 W N Loop Blvd in Austin, Texas, presents a unique investment opportunity. The single-tenant, 1,004 square foot property is currently 100% occupied under a gross lease, offering immediate cash flow. Built in 1965 and extensively renovated in 2019, the building boasts modern amenities within a desirable Austin location. The asking price is $850,000, translating to a price per square foot of $846.61. Situated on a 0.176-acre lot, this single-story building is ideal for an owner-occupier seeking a turnkey solution. Its prime location in Travis County, zip code 78756, offers excellent accessibility and visibility. The property's creative office design makes it particularly well-suited for businesses in fields such as architecture, accounting, or law. This is a rare opportunity to acquire a fully renovated, high-performing asset in a thriving Austin market. The property's strong occupancy and recent renovation minimize immediate capital expenditure needs, making it an attractive investment for both seasoned and new investors. The building's modern design and convenient location ensure a strong potential for long-term value appreciation.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7361
- Latitude
- 30.3245
