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Property profile & analytics
FOR LEASE
Office buildings

316 12Th St 4th Austin, TX 78701

36,471 SF 1.01 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-4307957
Property summary
AI-generated overview

Westview, a Class A office building located at 316 W 12th St, Austin, TX 78701, offers exceptional executive office space in Travis County. This prestigious property boasts a total of 100,166 square feet, with 67,064 square feet currently vacant and available for lease. The building underwent a complete renovation in 2018, ensuring modern amenities and a high-quality workspace. Multiple tenancy options are available, catering to businesses of various sizes. Spaces range from a minimum of 1,480 square feet to a maximum contiguous space of 15,470 square feet, providing flexibility for diverse occupancy needs. Its prime location in Austin's Central Business District, just one block west of the Texas State Capitol, offers unparalleled convenience and accessibility. This is an exceptional opportunity to secure a highly desirable office space in a thriving urban center. The building's modern design and central location make it an ideal choice for businesses seeking a prestigious and functional address. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this remarkable Austin property.

Property profile
Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 1950
Construction CONCRETE
Total area 36,471 SF
Lot 1.01 ac (44,161 SF)
APN 208011506
UPID US82-4307957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • WeWork Office Space & Coworking Real Estate Agency
  • The Uptown Agency Advertising Agency Marketing & Advertising
  • Elemy Autism Care Crisis Center Medical Clinic
  • Austin Sign Manufacturing | Building Signs, Channel Letters, LED Signage & Digital Displays (Bike/Boat/Book/etc) Store Printing Service
  • Grassbaugh David M Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.66M
Blend (final) Blend
$6.91M
Owner & transaction history
Westview On 12th Arc LLC · 4 yrs held
Westview On 12th Arc LLC
since 2022
4 recorded transactions
2022
Price N/A
2021
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $5.2M +23.0%
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