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    OFF-MARKET
    Retail space

    500 5th St, Austin, TX 78701-3726

    1,729 SF 0.06 ac lot Built 1995
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US82-4818651
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Club 420 ATX. Dispensary and Lounge. Nightclub DJ & Entertainment
    • Endeavor Real Estate Group Real Estate Agency
    • Mitchell, Williams, Selig, Gates & Woodyard, PLLC Law Firm
    • Miller Lloyd PC Law Firm
    • Fixe Wearables Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    1017 Holdings LLC · 10 yrs held
    1017 Holdings LLC
    since 2015
    2 recorded transactions
    2015
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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