You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

4505 Martin Luther King Jr Blvd A Austin, TX 78721-1356

OFF-MARKET Industrial properties Google Maps
1,160 SF 0.08 ac lot Built 2016
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$145k
Range $131k – $160k (±10%)
Property ID US83-0118668

Property summary

AI-generated overview

This exceptional Austin, Texas property, located at 4505 E Martin Luther King Jr Blvd, offers two available retail condos totaling 1,160 to 1,163 square feet each. Situated in a Class B building constructed in 2019, these versatile spaces are perfect for creative office, retail, or live/work arrangements. The units are easily combinable for a total of 2,323 square feet, providing significant expansion potential. Located in Travis County, with a GR-MU zoning designation, the property boasts six total parking spaces and is conveniently situated near Springdale. The building features accessible design, making it an attractive option for a wide range of businesses. This prime East Austin location offers high visibility and access to a thriving community, presenting a smart investment opportunity in a rapidly growing market. The property's adaptability and location make it an ideal choice for entrepreneurs seeking a flexible and high-return investment. Don't miss this chance to secure a foothold in one of Austin's most dynamic neighborhoods. The minimum divisible space is 1,160 square feet.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2016
Total area 1,160 SF
Lot 0.08 ac (3,615 SF)
APN 212200910
UPID US83-0118668

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4505 Martin Luther King Jr Blvd, Unit A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message