Property profile

2905 2Nd St Austin, TX 78702

OFF-MARKET
Other land
Property ID
US83-3913971
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Property summary

AI-generated overview

The property is a 6,800-square-foot commercial lot located in East Austin and zoned GR-MU, a district that permits a range of uses including retail and food-and-drink concepts. The listing materials include an approved site plan for a 6,113-square-foot interior office building with an 855-square-foot third-floor patio. The site plan approvals were submitted to and approved by the City of Austin in 2023, and the project documentation reflects prior city review for construction of the planned building while supporting potential development for office, retail, restaurant, or bar uses consistent with the zoning district.

Property profile

Verified
Property type Other land
UPID US83-3913971

Cap rate & NOI

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

Location

2905 2Nd St Austin, TX 78702
Austin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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