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2120 S Lamar Blvd 650 SF Retail Building Austin, TX 78704 For Sale
Investment Highlights
- +/- 0.2831 Acre Land Site on Primary South Austin Retail Corridor
- Coveted South Lamar Address
- Rare 78704 Retail Land Opportunity Submarket
- Existing 650 SF Building with 29 Surface Parking Spaces
- Short Term Leases (May 2027) Provide Near Term Income and Flexibility for Owner User
Executive Summary
2120 South Lamar Boulevard is a 0.2831-acre infill land site offering exceptional visibility, access, and frontage along one of Austin’s premier retail corridors in South Austin. The property features a 650 square foot, single story building with +/-29 parking spaces. The site previously had a site development permit in place for a three story, 8,800 square foot commercial building designed by renowned Austin architect Michael Hsu. The proposed development is ideally suited for service-oriented retail, medical, or boutique office users, with prominent building signage opportunities along South Lamar Boulevard. The site also offers flexibility for a variety of alternative retail uses, with limited availability of comparable infill development sites in the highly sought-after 78704 submarket. The property provides cash flow through short-term leases of the existing building and parking areas, offering an investor or owner-user an opportunity to generate revenue while finalizing redevelopment or repositioning plans.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
650 SF
Building Class
B
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.34 AC
Zoning
CS - General Commercial Services
Parking
29 Spaces (44.62 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 303227 | Improvements Assessment | $0 |
| Land Assessment | $1,730,154 | Total Assessment | $1,730,154 |
Property Taxes
Parcel Number
303227
Land Assessment
$1,730,154
Improvements Assessment
$0
Total Assessment
$1,730,154
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