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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1800 Congress Ave Austin, TX 78704-3502

    • Warehouses
    • 5,148 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimations
    $445,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2108941
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hudson Meat Market & Deer Processing / Butcher Shop Deli / Food Processing Company
    • Big Vinny's BBQ / Barbecue Restaurant
    • Wildlife Designs Taxidermy, LLC / Taxidermist
    • Bullock Museum IMAX Theatre / Imax Theater / Movie Theater
    • Texas Spirit Theater / Performing Arts Theater

    Property Details for 1800 Congress Ave

    Year built
    1973
    Construction
    CONCRETE
    Lot size
    0.32 lot acres
    Property size
    5,148 SF
    Property type
    Warehouses
    APN
    402010401
    APU
    402010401

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $475,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $418,000
      Market price range: $158k - $418k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $740,000
      RESTAURANT
      $575,000
      RETAIL STORES
      $570,000
      COMMERCIAL (GENERAL)
      $420,000
      MEDICAL BUILDING
      $365,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7514
    Latitude
    30.246
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $36,842
    $2,624,280
    $408,395
    $3,032,675
    -
    $2,624,280
    $408,395
    $3,032,675

    Comparable in this City

    • Value Estimation
      $530,000
      5,047 SF

      2149 Lamar Blvd

      WAREHOUSE, STORAGE • 5,047 SF
      2149 Lamar Blvd, Austin, TX 78704-4921
      View Details
    • Value Estimation
      $320,000
      1,612 SF

      2228 Lamar Blvd

      WAREHOUSE, STORAGE • 1,612 SF
      2228 Lamar Blvd, Austin, TX 78704-4924
      View Details
    • Value Estimation
      $205,000
      48,312 SF

      211 Alpine Rd

      WAREHOUSE, STORAGE • 48,312 SF
      211 Alpine Rd, Austin, TX 78704-7239
      View Details
    • Value Estimation
      $825,000
      76,500 SF

      3701 Woodbury Dr

      WAREHOUSE, STORAGE • 76,500 SF
      3701 Woodbury Dr, Austin, TX 78704-7316
      View Details
    • Value Estimation
      $460,000
      5,625 SF

      4004 Woodbury Dr

      WAREHOUSE, STORAGE • 5,625 SF
      4004 Woodbury Dr, Austin, TX 78704-7383
      View Details
    • Value Estimation
      $810,000
      21,660 SF

      1409 Oltorf St

      MINI-WAREHOUSE, STORAGE • 21,660 SF
      1409 Oltorf St, Austin, TX 78704-3337
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,300 SF

      Versatile Flex Space in Austin

      Adaptable space suitable for warehouse, office, or creative flex uses.
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      49,914 SF

      Austin Industrial Property For Sale

      Industrial property with excellent access to major highways and airport.
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      Modern Oasis in Bouldin Neighborhood

      Modern, fully furnished home with luxury amenities and eco-conscious upgrades.
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    • $1,595,000

      Oversized Lot in Zilker

      Large lot near Zilker Elementary, Barton Springs, and South Lamar.
      1809 Ford St, Austin, TX 78704
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    • $540,000
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      Modern Living in South Congress

      Chic 1-bedroom residence in the heart of Austin's 78704.
      2121 S Congress Ave, Austin, TX 78704
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    • $975,000
      2,576 SF

      Spacious Home with Modern Amenities

      Elegant home with architectural details, modern kitchen, and private patios.
      1701 Ravey St, Austin, TX 78704
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    Similar Nearby for Lease

    • Contact for pricing
      9,933 SF

      Warehouse with Highway Exposure

      Stand-alone warehouse with showroom, highway exposure, and accessibility.
      4001 Warehouse Row, Austin, TX 78704
      View Details
    • Contact for pricing
      4,834 SF

      Austin Warehouse with Secured Storage

      Renovated warehouse in prime location with immediate availability.
      3904 Warehouse Row, Austin, TX 78704
      View Details
    • Contact for pricing
      7,325 SF

      Austin Flex/Industrial Space Available

      Flex/Industrial space available for lease in Austin, Texas.
      2201-2215 Woodward St, Austin, TX 78704
      View Details
    • Contact for pricing
      5,479 SF

      Warehouse Space Near IH-35

      Flex/industrial space near IH-35 and Highway 71.
      3910 Warehouse Row, Austin, TX 78704
      View Details
    • Contact for pricing
      16,442 SF

      Warehouse Space Near Highway 71

      Flex/industrial space near IH-35 and Austin Airport.
      3907 Warehouse Row, Austin, TX 78704
      View Details
    • Contact for pricing
      4,000 SF

      Climate Controlled Flex Space Available

      4,000 SF flex space with rear loading door.
      7801 North Lamar Blvd, Austin, TX 78704
      View Details
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    1800 Congress Ave
    Austin, TX 78704-3502
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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