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    FOR LEASE
    Apartment buildings

    827 West 12Th St, Austin, TX 78701

    118,800 SF 0.55 ac lot Built 2022
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US82-2375049
    Property summary
    AI-generated overview

    This exceptional retail space, known as "The Shoal," is located at 827 W 12th St in the vibrant 78701 zip code of Austin, Texas. The property offers a single-tenant occupancy in a building totaling 2,900 square feet, with 1,600 square feet currently available for lease. Its prime location in Austin ensures high visibility and foot traffic, making it an ideal opportunity for a variety of retail businesses. The property's classification is retail, offering a versatile space adaptable to numerous retail concepts. The building's size provides ample room for inventory, display, and customer interaction. This is a unique chance to establish a presence in a thriving Austin neighborhood. The address, 827 W 12th St, Austin, TX 78701, provides easy access for customers and employees alike. The property's coordinates are 30.2760586 latitude and -97.7496873 longitude. This single-tenant space presents a streamlined and efficient layout, perfect for a business seeking a manageable and impactful retail presence in a high-demand Austin location. Serious inquiries are encouraged to explore this exciting opportunity.

    Property profile
    Verified
    Property type Apartment buildings
    Use group APARTMENT HOUSE (100+ UNITS)
    Year built 2022
    Construction CONCRETE
    Total area 118,800 SF
    Lot 0.55 ac (24,045 SF)
    APN 208000904
    UPID US82-2375049
    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
    • Jennifer McAdams, Ph.D. Physician Medical Clinic
    • Austin Legal Help, Charles Howe Attorney at Law Law Firm
    • Thy Body & Skin Alternative Medicine Practice Spa & Massage Center
    • Architect Builder Group PLLC Architect
    • getbackbalance Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $560k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $963k
    Blend (final) Blend
    $760k
    Owner & transaction history
    Tdc West Twelfth LP · 6 yrs held
    Tdc West Twelfth LP
    since 2019
    4 recorded transactions
    2019
    2008
    2007
    2006
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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