507 Howard Ln 1 Austin, TX 78753-9792
This exceptional 26,160-square-foot commercial property, located at 507 E Howard Ln in Austin, Texas, presents a unique opportunity for businesses seeking flexible and adaptable workspace. Situated in the Northeast submarket of Travis County, zip code 78753, this property offers a blend of office and industrial space, ideal for a variety of uses. The building is currently entirely vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property features one dock-high door, catering to efficient loading and unloading of goods, making it suitable for businesses requiring this functionality. The "Executive Office" and "Flex" subtypes indicate a versatile layout capable of accommodating various business needs, from traditional office setups to more dynamic, open-plan configurations. With its substantial square footage and prime location in Austin's thriving Northeast submarket, this property offers unparalleled potential for growth and success. The multiple tenancy option allows for flexibility in lease terms and space allocation. This is a rare opportunity to secure a significant amount of space in a desirable Austin location. The property's address is easily accessible, offering convenient transportation links and proximity to local amenities. This is an excellent opportunity for a company looking to establish a strong presence in the Austin market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.