401 Congress Ave Austin, TX 78701
Property profile & analytics
401 Congress Ave Austin, TX 78701
- Office buildings
- 546,000 SF
- 1.27 lot acres
Property ID
US82-4115964
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Modern Market Eatery - Frost Tower / Restaurant
- EVALTEQ / Medical Clinic
- Mills Jeffrey / Law Firm
- SoulCycle Downtown Austin / Gym & Fitness Center
- Hipcricket / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 401 Congress Ave
- Year built
- 2002
- Lot size
- 1.27 lot acres
- Property size
- 546,000 SF
- Property type
- Office buildings
- APN
- 205020713
- APU
- 205020713
Description
Frost Tower, located at 401 Congress Ave in Austin, Texas, presents a unique opportunity for fitness-focused businesses. This prime retail space, totaling 73,397 square feet within a vibrant mixed-use development, offers multiple suites available for lease. The building features four total suites, with a minimum divisible space of 17,681 square feet and a maximum contiguous space of 20,354 square feet. Currently, the entire 73,397 square feet is vacant, providing a blank canvas for a large-scale fitness operation or the potential for multiple smaller tenants. The building's location in Travis County, within the 78701 zip code, ensures high visibility and accessibility. Parking is readily available, with a ratio of 2.7 spaces per 1,000 square feet. The Frost Tower is situated in a dynamic Austin neighborhood, offering convenient access to various amenities and a strong customer base. This exceptional property provides an unparalleled opportunity to establish a thriving fitness business in a highly desirable location. The building's existing infrastructure and convenient location make it an ideal space for a variety of fitness concepts. The property's size and layout offer flexibility for customization to meet specific business needs.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $63,630,000 Current use
- INDUSTRIAL (GENERAL)
- $59,600,000 Change: -6% Conversion: Difficult
- RETAIL STORES
- $58,195,000 Change: -9% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7428
- Latitude
- 30.2664
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$0.00
$37,653,525
$358,276,835
$395,930,360
-
$37,653,525
$358,276,835
$395,930,360
