For Lease
1 / 10
Property summary
This exceptional creative office space, located at 506 Congress Avenue in the heart of Austin, Texas, offers 9,709 square feet of immediately available space within a larger 18,761 square foot building. The property is designated as a multi-tenant building, perfect for a growing company seeking a vibrant and collaborative work environment. The address is highly desirable, situated in Travis County, with easy access to Austin's thriving downtown area and its numerous amenities. The building provides ample parking, with a ratio of 3 spaces per 1,000 rentable square feet. This presents a unique opportunity for businesses seeking a prominent Austin location with significant space to accommodate expansion or a flexible layout to suit specific needs. The property type is officially classified as an office building, specifically a creative office space, suggesting an open and adaptable floor plan. The zip code is 78701. This listing is for lease and offers a substantial amount of space in a prime Austin location. The available space totals 9,709 square feet, providing ample room for a variety of business configurations. The building's total square footage is 18,761 square feet. This property is an excellent choice for businesses looking to establish or expand their presence in Austin's dynamic market. The convenient location and ample parking make this a highly attractive option.
Property profile
VerifiedCap rate & NOI
Current use
-
Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Gym & Fitness Center
-
Marketing & Advertising Advertising Agency
-
Auto Repair Shop Vehicle Inspection Center
-
Consultant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight