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Property profile & analytics
FOR LEASE
Office buildings

506 W 14Th St Austin, TX 78701

5,348 SF 0.25 ac lot Built 1960
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US83-3850252
Property summary
AI-generated overview

This stunning 5,348-square-foot Victorian office building at 506 W. 14th Street in Austin, Texas, presents a unique opportunity for a single tenant. Located in Travis County, zip code 78701, this property offers a blend of large and small offices, perfect for a variety of professional uses. The building boasts updated restrooms and multiple conference rooms, ensuring functionality and comfort for employees. Its charming character is complemented by modern amenities, making it an ideal space for law firms, lobbyists, design firms, architects, title companies, or other professional service businesses. The building's central Austin location provides unparalleled convenience, with easy walking access to the University of Texas, downtown Austin, the state capitol, and numerous commercial amenities. The entire 5,348 square feet is currently vacant, allowing for complete customization to suit a new tenant's specific needs. This is a rare opportunity to secure a prestigious and highly functional office space in a prime Austin location. The property is a single-tenant building, offering privacy and control. Interested parties should inquire for pricing and availability.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,348 SF
Lot 0.25 ac (10,751 SF)
APN 210020809
UPID US83-3850252
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
  • Austin Rubber Company LLC Industrial Manufacturer Production Facility
  • Warren Kalyan & Mattocks Law Firm
  • Green Source Energy LLC Government
  • Green Source Holdings Consultant
  • Akg Ooperating Co Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$735k
Blend (final) Blend
$610k
Owner & transaction history
Scottish Rite Learning Ctr Of Aus · 21 yrs held
Scottish Rite Learning Ctr Of Aus
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $765,000 +23.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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