1200 Anderson Ln Austin, TX 78752-1706

This exceptional 86,910-square-foot executive office building in Austin, Texas, presents a unique redevelopment opportunity. Located at 1200 E Anderson Ln, this three-story, 1982-built property boasts a 3.67-acre lot and underwent significant renovations in 2011. Currently fully vacant, the building offers a minimum divisible space of 28,970 square feet, with a maximum contiguous space of the same size. The property features 337 parking spaces (3.88 per 1,000 square feet), three-phase/four-wire 277/480-volt power service, and elevators. Zoned LI-NP in Travis County, the building benefits from fully approved and permitted renovation plans, completed in June 2023, designed by Mark Odom Studio. These plans, which cost approximately $750,000, modernize the exterior, landscaping, lobby, and bathrooms with Class A finishes, offering substantial cost and time savings for a new owner, reducing the typical improvement timeline by 12-18 months. This value-oriented alternative to new construction provides a significant advantage in the Austin market. The property's prime location in Austin, TX 78752, ensures high visibility and accessibility.