Austin, TX 78723 4500 E. 51st St
$1,400,000
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Presented By: @ properties Christie's International; (512) 368-8078
Home Details
Unique mixed-use development parcel in an amazing East Central Austin location with very attractive demographics and demand for urban experiences by households in the immediate vicinity. The site is minutes to the famed Mueller mixed-use master-planned community and Dell’s Children Hospital, 10 minutes to The University of Texas, 15 minutes to Austin’s CBD as well as Dell’s Medical Center/ Red River District and 15 minutes to Austin Bergstrom International Airport.
- 10,288 vehicles per day at E 51st and Springdale Rd - Population count over 55,000 within 2 miles
- Household income average at $108,0000 annually
- Average Age - 35 years old
- Strong small office (or office condos) occupancy rates at 85%+
- Retail occupancy rates 90%+
- Previous Fully approved STP for almost 20,000SF office/community clinic
- Preliminary studies indicate 18,000-20,000 square foot mixed-use office retail building is feasible
• Dual Access to Springdale Rd and 51st Street
• 1 mile to Mueller and Dell Children Hospital
• 2 miles to University of Texas and UT Medical
• 90% Allowable Impervious Coverage
• 75% Allowable Building Coverage
• Zoning GR-CO-NP
• 60’ Allowed Building Height
• 1:1 Floor-to-Area Ratio
• Approximately 44 parking spaces
• Over 20k households within 2 miles
Presented By: @ properties Christie's International; (512) 368-8078
Interior Features for 4500 E. 51st St
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
FlooringSee Remarks
General for 4500 E. 51st St
AccessibilitySee Remarks
Additional Parcels Y/NNo
Building FeaturesSee Remarks
CityAustin
Construction MaterialsNone
CoolingSee Remarks
CountyTravis
Current UseNone
DirectionsNorthwest Corner of 51st Street and Springdale.
DisclosuresNone
Energy EfficientNone
Green SustainabilityNone
HeatingSee Remarks
Leasable Area
Lease TypeNone
Lot Size Square Feet63405.94
MLS Area3
New ConstructionNo
Operating Expense0
Other StructuresSee Remarks
Property ConditionTo Be Built
Property SubtypeMixed Use
Property TypeCommercial Sale
Security FeaturesNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSPRINGDALE COMMONS
Tax Assessed Value1141340
Tax Year2024
UtilitiesSee Remarks
ViewNone
Waterfront Y/NNo
Year Built2025
Year Built SourceSee Remarks
Exterior for 4500 E. 51st St
Building Area Total18000
Foundation DetailsNone
Horse Y/NNo
Lot Size Acres1.4556
Lot Size SourcePublic Records
Number of Buildings1
Other EquipmentNone
Parking FeaturesSee Remarks
Total Parking44
Water SourcePublic
Additional Details
Price History
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Denise Carrillo
Licensed Texas REALTOR®