329 Congress Ave Austin, TX 78704
This exceptional 8,762 square foot development site is located at 329 South Congress Avenue in Austin, Texas, zip code 78704. Situated in Travis County, this prime commercial property boasts a CS-1-V-NP zoning designation, allowing for vertical development and commercial liquor sales. Its enviable location places it at the gateway to both downtown Austin and the vibrant South Congress entertainment district, offering unparalleled visibility and accessibility. The property's billboard-worthy position ensures maximum exposure. This highly sought-after location is within walking distance of downtown Austin, the South Congress shopping and entertainment district, and Lady Bird Lake. The area is considered "Very Walkable" with a Walk Score of 82 and a "Biker's Paradise" with a Bike Score of 98, making it an ideal location for a variety of commercial ventures. This is a truly unique opportunity to acquire a trophy property in one of Austin's most dynamic and desirable neighborhoods. The lot size provides ample space for a significant development project, capitalizing on the high demand for commercial space in this thriving area. Don't miss this chance to invest in a piece of Austin's iconic South Congress.
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.