728 Northwestern AveAustin, TX 78702

Property Details for 728 Northwestern Ave

Year built

2019

Construction

WOOD FRAME

Lot size

0.17 AC

Property size (Sq ft)

4,937 SF

Property type

Office properties

Property subtype

Office buildings

APN

204100611

APU

204100611

Description

Northwestern Studios, located at 728 Northwestern Avenue in Austin, Texas, 78702, offers 4,937 square feet of creative office space currently available for lease. This two-story building features a unique design incorporating 10-12 foot ceiling heights and 10-foot floor-to-ceiling glass windows, flooding the space with natural light. The property includes a shared courtyard with a wood deck and outdoor working areas, providing a collaborative and inspiring environment. Parking is conveniently located and provided at a ratio of 3 spaces per 1,000 square feet. Situated in Travis County, near East 7th Street between Pleasant Valley and Chicon Street, this property benefits from its proximity to East Austin's vibrant amenities. The building's thoughtful design and modern features create a dynamic workspace ideal for modern professionals seeking a creative and collaborative atmosphere. The entire 4,937 square feet is currently vacant and available for lease as a single unit. This unique property offers a blend of modern functionality and inspiring outdoor space, making it an exceptional opportunity for a creative business seeking a prominent location in Austin's thriving East side.

• CAP approach

  CAP return

  Valuation

  6%

  $1,416,688

  6.5%

  $1,307,712

  7%

  $1,214,304

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,478,088

  Geo Method

  $1,478,088

• Alternative Use

  Use

  Valuation

  Residential

  $1,621,563

  Hospitality

  $1,485,343

  Educational

  $1,235,788

  Medical

  $1,278,289

  Retail

  $1,922,337

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2622

Longitude

-97.7144

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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