1600 Ben White Blvd Austin, TX 78704-7614

Property Details for 1600 Ben White Blvd

Year built

1980

Property size

670 SF

Property type

Office buildings

APN

409100518

APU

409100518

Description

This exceptional 0.48-acre commercial land parcel presents a rare redevelopment opportunity in Austin, Texas. Located at 1600 W Ben White Blvd, in the desirable South Lamar neighborhood, this property boasts a prime location along US-290, a major thoroughfare with a remarkable 168,034 vehicles passing daily. The existing 678-square-foot building, constructed in 1980, sits on the land and offers immediate income potential or can be easily demolished to make way for a new development. The site's strategic position between Austin's St. David's South Medical District and the vibrant retail hub at the intersection of US-290 and South Lamar Boulevard provides unparalleled access to a substantial consumer base. Within a five-mile radius, the area boasts a population exceeding 360,896 residents, with an average household income of $113,442. Furthermore, a significant workforce hub is nearby, with a daytime population increase of 66 percent due to over 600,610 employees within a five-mile radius. The asking price is $1,300,000, translating to $1,917.40 per square foot. This property is a single-tenant building with 100% occupancy. This is a unique chance to capitalize on Austin's thriving real estate market and create a high-return investment. Don't miss this chance to acquire a piece of Austin's dynamic commercial landscape.