Property profile

1613 E 7Th St Austin, TX 78702

FOR LEASE
Parking lots & garages
Property ID
US82-0635731
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Property summary

AI-generated overview

Prime East Austin Opportunity – Flexible Site in Plaza Saltillo. Discover a rare leasing opportunity in one of Austin’s most dynamic neighborhoods. This 6,397 SF fully paved site offers 12 existing parking spaces, with the potential to add two tandem spaces and two additional standard spaces for expanded capacity. Situated in the heart of Plaza Saltillo, the property is surrounded by some of Austin’s top restaurants, nightlife, and cultural attractions, ensuring constant visibility and activity. The site’s versatility makes it an ideal location for a range of creative uses, including an electric vehicle charging station, food truck park, short-term rental site with modular homes, specialty retail or event space, valet parking lot, lay-down yard for nearby construction site, etc. The property is zoned TOD (Transit-Oriented Development), providing flexibility for a variety of future uses. Lease terms are fully negotiable. bikeScore: 96, Biker's Paradise walkScore: 99, Walker's Paradise transitScore: 68, Good Transit

Property profile

Verified
Property type Parking lots & garages
UPID US82-0635731

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Parking Lot & Garage

Location

1613 E 7Th St Austin, TX 78702
Austin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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