2300 14th St Austin, TX 78702
- Retail space
- 1,650 SF
- 0.15 lot acres
Current Use by Public Records
- Retail space
Property Details for 2300 14th St
- Year built
- 1949
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 1,650 SF
- Property type
- Retail space
- APN
- 210110413
- APU
- 210110413
Description
Exceptional development opportunity awaits on two adjacent lots totaling nearly 0.29 acres in Austin's rapidly growing Chestnut neighborhood. Located at 2300/2302 E 14th St, this fee simple property boasts a prime location in the heart of East Austin, offering convenient access to downtown, Austin Community College (ACC), and major highways. The VMU zoning allows for a variety of development options, including the potential for vertical construction to maximize space and capitalize on the area's significant growth. This high-traffic area presents a remarkable opportunity for investors seeking to participate in East Austin's thriving real estate market. The property's location within the Chestnut neighborhood provides a blend of local charm and urban appeal, making it an attractive site for various commercial ventures. The combined lots offer just under a third of an acre of land ready for immediate development. An adjacent property is also available, offering the potential to expand the total acreage to over half an acre. This is a rare chance to secure a foothold in one of Austin's most dynamic and sought-after neighborhoods. The asking price for this exceptional opportunity is $2,500,000. Don't miss this chance to invest in East Austin's future.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $270,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $485,000
- 6.5%
- $445,000
- 7%
- $415,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7162
- Latitude
- 30.2766
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA