Property profile

1409 Cesar Chavez St Austin, TX 78702

OFF-MARKET
Mixed-use properties
Property ID
US82-1327400
1,985 SF 0.16 ac lot Built 1922
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1922
Total area 1,985 SF
Lot 0.16 ac (6,926 SF)
UPID US82-1327400

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1409 Cesar Chavez St Austin, TX 78702
Austin metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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