1112 W Ben White BLVD, Austin TX 78704

$ 7,995,000
1112 W Ben White BLVD, Austin TX 78704, ,

Overview

  • Property ID
  • 2286754
  • 2 ac

Description

“Where Visibility Meets Opportunity – Your Rare Business Address Awaits”, an unmissable presence for brand exposure on a Major high-traffic volume highway in a highly visible location on Ben White Blvd./Highway 71, a Major east-west connectivity corridor in the heart of Austin!
Strategically located in the South Austin Submarket of Austin’s MSA, only a few miles from the pulsating downtown district, vibrant SOCO, the ever-evolving South Lamar District, the anticipated $1B Brodie Oaks Redevelopment project, and being just 8 miles from ABIA, One Park Place is a magnet for businesses keen on tapping into Austin’s younger, more affluent, and increasing Gen Z workforce in the 04′ zip code, and surrounding area.
This understated, oak-covered lot showcases a 26,594 sq ft office building with over $1.5 million invested in recent upgrades/renovations in an entirely new HVAC system, electrical work throughout, new duct installation, a new Water Sys. Config. for optimal efficiency, a new roof, interior upgrades, & a brand new BAS system for centralized control. The Seller thoughtfully renovated the building, leaving room for value-add enhancements and easy buildouts utilizing the naturally-illuminated open-concept layout, elevated 10’-12’ ceilings, removal of flooring down to the concrete sub-floor, and favorable floor plans, to easily increase value & cash flow with minimal upfront costs.
The flexibility and adaptability of the blank canvas space in general, and the Limited Office (LO) Zoning designation within the thriving area of 78704 would unquestionably solicit any Owner/Occupant, Medical Office Space utility (right across from the St. David’s South Medical Complex), a Surgery Center/Ambulatory Clinic, any new or existing business seeking massive Brand exposure through high-visibility marketing, an Investor looking for value in a rebounding sector, a multi-tenant play, or any business that benefits from the unparalleled building signage opportunity on multiple sides.

Other Features
Electrical Utility Available
Property Id : 2286754
Price: $ 7,995,000
Property Lot Size: 2 ac
Parking Features: Additional Parking,Asphalt,Direct Access,Door-Multi,On Site,Parking Lot,Paved
Lot Size(acres): 1.66
Lot Size(sf): 72309.6
Country: US
Last Listing Change: 2024-08-14T20:55:12.590Z
Property Key: 48453|311232|1|142712268
Status Contractual Search Date: 2024-08-12
Listing Key Numeric: 121535579
Est. Taxes: 100615.59
Originating System Key: actris
Originating System Name: ABOR - actris
FEMA Flood Plain: No
#Photos: 16
State: TX
Last Status Change: 2024-08-14T20:55:12.590Z
Street Dir Prefix: W
Street Name: Ben White
Street# Ext.: 1112
Street#: 1112
Street Suffix: BLVD
Mgmt Co.: Brian Bagwell
Property Match: APN
$/Building Area: 300.63
Tentative Close Date: 2024-12-09T06:00:00.000Z
Accessibility Features: Accessible Approach with Ramp,Common Area,Accessible Doors,Accessible Elevator Installed,Accessible Entrance,FullyAccessible,Hand Rails,Smart Technology,Accessible Stairway
Building Area Total: 26594
Building Features: Computer Ready,Fiber Optic Available,Fixtures,Open Space,Passenger Elevator(s),Pre-Wired for Security,Private Restrooms,Public Elevator,Public Restrooms,Sign-Building,Smart Building,Storage Area(s),Telephone(s)
Construction Materials: Concrete,Glass,Spray Foam Insulation,Plaster
Cooling: Central Air,ENERGY STAR Qualified Equipment
Current Use: Commercial,Investment,Office,Vacant
Directions: From I-35 heading west, Exit 1st Street/Banister and stay on the Access Rd. From 360/Mopac heading east, take the 1st Street exit and U-turn heading back west on the access rd.
Flooring: Concrete
Foundation Details: Slab
Heating: Central,ENERGY STAR Qualified Equipment,ENERGY STAR/ACCA RSI Quality Install,Heat Pump,Hot Water,Humidity Control,See Remarks
Listing ID: 7477369
Listing Terms: Cash,Conventional
MLS Area Major: 6
Status: Pending
#Buildings: 1
Off Mkt Date: 2024-08-12
Other Structures: None
Parcel#: 04080808070000
Possession: Funding
Property Condition: Updated/Remodeled
Road Surface Type: Asphalt
Sewer: Public Sewer
Special Listing Conditions: Standard
Stories Total: 4
Tax Annual($): 106256.77
Utilities: Cable Available,Electricity Connected,Internet-Fiber,Natural Gas Available,Phone Connected,Sewer Connected,Underground Utilities,Water Connected
View: City,City Lights,Downtown,Panoramic,Skyline,See Remarks
Water Source: Public
Year Built: 1982
$ 54,751.45
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 40,427.07
Tue 04 Mar
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Sat 08 Mar
Sun 09 Mar
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Info is deemed accurate but not guaranteed. Published info is subject to change. Buyers should conduct their own due diligence and research.

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Gerald Bodle, MBA