3207 Cesar Chavez St Austin, TX 78702
This exceptional redevelopment opportunity encompasses two buildings on a 32,731 sq ft lot with direct Colorado River access. Located in Austin's vibrant East Cesar Chavez neighborhood, this property offers unparalleled versatility. The GR-MU-CO-NP and SF-3-NP zoning permits a range of uses, including creative office, residential, and restaurant development. Its prime location, minutes from downtown Austin, provides easy access to major roadways like IH-35, Highway 71, Highway 183, and US 290. The surrounding area boasts a thriving mix of local businesses, creating a dynamic and desirable environment. The waterfront location presents unique development possibilities, capitalizing on the area's growing popularity and the unique appeal of Colorado River access. This is a rare chance to acquire a substantial property in a rapidly developing Austin neighborhood, ideal for investors seeking a high-impact project with diverse potential returns. The one-story buildings offer a blank canvas for innovative design and development, catering to the needs of a modern and diverse market. This is a truly unique opportunity to shape the future of this exciting Austin location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.