1205 Rio Grande St Austin, TX 78701
This exceptional two-story office/retail building, constructed in 1969 and extensively renovated in 2021, presents a unique investment opportunity in the heart of Austin, Texas. Located at 1205 Rio Grande St, in Travis County, zip code 78701, this single-tenancy property boasts a prime location near the corner of 12th Street and Rio Grande Street, offering unparalleled visibility and accessibility. The building's strategic position benefits from high pedestrian and vehicular traffic, ensuring maximum exposure for any business. Its proximity to the ACC Rio Grande Campus and major thoroughfares like I-35 and MoPac Expressway guarantees a steady stream of potential customers and employees. The property includes 12 total parking spaces, a significant advantage in a bustling urban environment. Suitable for a variety of uses, including traditional office, executive office, coworking, creative office, and medical office spaces, this versatile building is ready for immediate occupancy. The building's 2021 renovation ensures modern amenities and functionality, making it an attractive option for businesses seeking a well-maintained and conveniently located space. This is an exceptional opportunity to acquire a highly visible and accessible property in one of Austin's most dynamic neighborhoods.
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Melrose Podcasts Film Production Television Studio
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
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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.