1409 Cesar Chavez St Austin, TX 78702
This exceptional 0.159-acre mixed-use lot, located at 1409 E Cesar Chavez St in Austin, Texas, presents a remarkable investment opportunity. Boasting 1,985 square feet, this property offers unparalleled versatility with its CS MU, CO, and NP zoning designations. Built in 1922, the single-story structure presents a blank canvas for redevelopment, allowing for conversion to office or residential space, or complete demolition to construct a new building. The lot features convenient front and rear parking, along with desirable frontage on Cesar Chavez Street and alley access. Situated in a thriving urban neighborhood, this location benefits from proximity to numerous amenities, including shops, restaurants, and entertainment venues. The asking price is $1,100,000, translating to $554.16 per square foot. This property is ideal for owner-users seeking a strategic location with high development potential. Prospective buyers are strongly encouraged to independently verify the availability and capacity of utilities to ensure suitability for their intended use. This is a rare opportunity to acquire a multi-zoned lot in a rapidly developing area of Austin.
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
Similar Nearby for Sale
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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.