1710 Colorado StAustin, TX 78701

For Lease
Call for price

Prime Downtown Austin Land, High-Rise Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 0.41-acre commercial land parcel at 1710 Colorado Street in Austin, Texas, presents a unique high-rise development opportunity. Located in the heart of downtown Austin, between the State Capitol and the University of Texas, this site boasts an unparalleled location. Currently a surface parking lot owned by the Austin Scottish Rite Theater for over a century, the Theater desires a long-term ground lease to secure future funding. This presents a developer with a stable, long-term ground lease arrangement. The property benefits from its proximity to the ongoing $600 million State of Texas Capitol Complex Project. Within the Downtown Density Bonus Program, the site allows for a Floor Area Ratio of up to 15:1, potentially yielding approximately 300,000 square feet of buildable area. This makes it ideal for a high-rise residential or commercial development. The site is situated in Travis County, zip code 78701, and offers significant potential for a high-return investment given its location, size, and development entitlements. The existing building is not included in the sale.

Highlights

  • Prime Downtown Austin location, proximate to the State Capitol and UT Austin.
  • 400' height potential via Downtown Austin Density Bonus Program (DDBP).
  • Excellent site size and development approvals in place.
  • High-visibility hard corner location at Colorado St and W 18th St.

Unit(s) available at that property

Space
Available space
Size
0 SF

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.279847
Longitude
-97.7402369
1710 Colorado St, Austin, Texas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1710 Colorado St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message