Property profile & analytics
501 Congress Ave Austin, TX 78701-3556
- Office buildings
- 87,216 SF
- 0.54 lot acres
OFF-MARKET
Value Estimations
$14,400,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-4759373
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.
Current Use by Public Records
- Allen Edmonds / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
- Rialtes Technologies / (Bike/Boat/Book/etc) Store / Corporate Office
- Vine Vault / Storage Facility
- Jeff Senter Law Office / Law Firm
- Morgan Law Firm / Law Firm / Child Welfare Organization
Property Details for 501 Congress Ave
- Year built
- 1962
- Construction
- CONCRETE
- Lot size
- 0.54 lot acres
- Property size
- 87,216 SF
- Property type
- Office buildings
- APN
- 206030615
- APU
- 206030615
Description
This exceptional Austin office building, located at 501 Congress Ave in the heart of Travis County (zip code 78701), offers 112,792 square feet of prime office space. Currently, the entire building is available, providing a unique opportunity for a single tenant or multiple tenants seeking flexible space options. Suites range from a minimum of 5,771 square feet to a maximum contiguous space of 21,280 square feet, accommodating a variety of business needs. The building boasts eight total suites, categorized as both Executive and Creative Office space, making it ideal for a range of professional settings. Amenities include a desirable outdoor terrace, a fully equipped fitness center with showers, and a spacious open atrium lobby perfect for hosting events. The building's prime location provides unparalleled access to Austin's vibrant culinary scene, diverse shopping options, and rich cultural attractions. Enjoy stunning views of the Austin skyline. Furthermore, the ground floor features convenient retail spaces with direct access to a newly constructed parking garage, ensuring ease of access and convenience for employees and clients alike. This is a truly remarkable opportunity to secure a prestigious address in the dynamic city of Austin, Texas.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $13,211,000
Market price range: $3.36M - $18.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $10,165,000 Current use
- AUTO REPAIR, GARAGE
- $12,505,000 Change: +23% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $9,520,000 Change: -6% Conversion: Difficult
- RETAIL STORES
- $9,295,000 Change: -9% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7426
- Latitude
- 30.2673
- 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
$16,012,133
$48,900,833
$64,912,966
-
$16,012,133
$48,900,833
$64,912,966
