5611 Adams Ave Austin, TX 78756
- Retail space
- 5,640 SF
- 0.33 lot acres
Current Use by Public Records
- Summit Nails / Nail Salon
- CRS Solutions - Austin / Business To Business Service / Restaurant Supply Store
- Hunger Rush / Restaurant
Property Details for 5611 Adams Ave
- Year built
- 1955
- Lot size
- 0.33 lot acres
- Property size
- 5,640 SF
- Property type
- Retail space
- APN
- 229030333
- APU
- 229030333
Description
This exceptional value-add opportunity presents a 6,205-square-foot office building ideally situated in Austin, Texas, at 5611 Adams Ave, zip code 78756. The property, located in Travis County, boasts a prime location within Burnet Road's highly walkable corridor. The building, constructed in 1955 and extensively renovated in 2023, offers a blend of creative and traditional office space, making it suitable for a variety of uses. The single-tenant building comprises two stories within a single structure on a 0.33-acre lot. Currently vacant, this property presents a blank canvas for immediate occupancy or further development. The permitted zoning is CS-MU-CO-NP. The recent $200,000 renovation provides a significant advantage, minimizing immediate capital expenditure needs. This Class C building offers a compelling investment opportunity for those seeking a well-located, recently updated property in a thriving Austin neighborhood. The property's size and central location make it attractive for a range of businesses seeking office, storage, or warehouse space. This is a rare chance to acquire a value-add asset in a highly desirable area of Austin.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.739
- Latitude
- 30.3308
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA