Property profile

500 5th St Austin, TX 78701

OFF-MARKET
Retail space
Property ID
US82-4818651
1,729 SF 0.06 ac lot Built 1995
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional executive office space, located at 500 W 5th St in Austin, Texas, presents a unique opportunity for a single tenant. The property, known as IBC Bank Plaza, boasts a total of 4,234 square feet of readily available space, making it ideal for a business seeking a prominent location in the heart of Travis County. The entire building is currently vacant, offering complete customization potential for the incoming tenant. The building features ample parking with 10 spaces available for the exclusive use of the occupant. This single-tenant occupancy ensures privacy and control over the entire premises. The address, 500 W 5th St, places the property in a highly desirable area of Austin, offering excellent visibility and accessibility. The zip code is 78701. This is a prime opportunity to establish a sophisticated and efficient workspace in a thriving Texas city. The property is classified as an Executive Office building, reflecting its high-quality construction and amenities. The building's size and parking provisions make it suitable for a variety of businesses, from small professional firms to larger organizations requiring a dedicated and prestigious office environment. This is a rare chance to secure a complete, move-in ready office building in a prime Austin location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction CONCRETE
Total area 1,729 SF
Lot 0.06 ac (2,792 SF)
APN 206040501
UPID US82-4818651

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
  • Nightclub DJ & Entertainment
  • Real Estate Agency
  • Law Firm
  • Law Firm
  • Clothing & Fashion Store

Location

500 5th St Austin, TX 78701-3726
Austin metro Census 1103 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
1969
Price N/A

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 500 5th St?
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