Located in the heart of East Austin’s rapidly developing Springdale corridor, 4505 E. Martin Luther King Jr. Blvd, Unit A offers business owners and investors a strategic opportunity. This 1,058 SF commercial condo is part of Eagle View Place, a mixed-use development situated directly across from Morris Williams Golf Course and minutes from Mueller and Downtown Austin. With daily traffic counts exceeding 30,000 vehicles at the signalized intersection of E. MLK Jr. Blvd and Springdale Rd, the property provides excellent visibility and includes exterior signage rights. Currently built out for retail, the space features an open layout, ADA-compliant restroom, and water fountain. It’s well-suited for a variety of uses, including professional services, salon or barbershop, boutique retail, or a live/work concept. Additionally, the property’s zoning permits hotel/motel use, offering strong potential for a short-term rental conversion. This asset is listed below the Travis Central Appraisal District’s 2024 assessed value of $616,680, providing immediate value upside. With market rents in the area averaging $28/SF NNN and low vacancy rates for spaces under 1,500 SF, this is a compelling opportunity for both owner-users and investors. As a NNN investment, tenants are responsible for taxes, insurance, and association dues, making this a low-maintenance asset in a high-demand market. Whether you’re looking to secure a headquarters, expand your portfolio, or establish a presence in one of Austin’s most active submarkets.
MLS# | 7125943 |
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Listing Type | For Sale |
Style | Mixed Use |
Building Name | Eagle View Place Condominiums |
Sub-Type | Resale |
Status | Active |
Year | 2016 |
Days On Site | 16 |
Listing Provided By | Devora Realty | Johnny Devora |
SQ Feet | 1,160 |
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Building(s) | 1 |
Zoning | GR-NP - Hotel/Motel use |
Acreage | 0.08 |
Golf Course | Yes |
Water Front | Yes |
Property View | Golf Course |
State | TX |
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County | Travis |
City | Austin |
Zip Code | 78721 |
Area | 5 |
Community Name | Eagle View Place Condominiums |
Listing VS Median (in Eagle View Place Condominiums) | |
Price: $492,500 low | high Med: $0 On site: 16 low | high Med: |