Rare opportunity to acquire a highly visible office property on nearly one acre in one of South Austin's fastest growing corridors. Situated on approximately 0.9967 acres with over 330 feet of frontage along W. Slaughter Lane, this property offers exceptional exposure and accessibility. The approximately 2,510 SF office building is currently occupied by an assisted living headquarters generating $6,000 per month under a month-to-month lease, providing immediate income while allowing flexibility for an owner-user or future repositioning. The property is zoned Neighborhood Office - Conditional Overlay (NO-CO), allowing a variety of neighborhood office uses subject to City of Austin regulations. Existing improvements include ample parking, mature trees, and a functional office layout suitable for medical, professional, counseling, financial, or administrative users. Located minutes from MoPac, SH-45, and IH-35, the property is surrounded by established residential communities, retail centers, medical providers, and continued commercial growth. This combination of current cash flow, flexible occupancy, and a prime South Austin location makes this an outstanding opportunity for investors and owner-users alike. Buyer to independently verify all zoning, permitted uses, development restrictions, dimensions, lease information, and property details.
| MLS # | 7698372 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 59 |
| Listing Provided By | Keller Williams Realty | Lalo Herrera |
| SQ Feet | 3,038 |
|---|---|
| Building(s) | 2 |
| Acreage | 1.00 |
| Property View | None |
| Cooling | Ceiling Fan(s), Central Air |
|---|---|
| Heating | Central |
| Flooring | Tile, Vinyl, Wood |
| Foundation Details | Slab |
|---|---|
| Construction Materials | Frame, Stone |
| Parking Features | Circular Driveway, Gravel, On Site |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| List Aor | Austin Board Of Realtors |
|---|
| Property | 22773 |
|---|
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78748 |
| Area | SWE |
| Community Name | Palomino Park Sec 03 |
| Listing VS Median (in Palomino Park Sec 03) | |
Price: $1,100,000 low | high Med: $1,100,000 sqft: 3,038 low | high Med: 3,038 $ / sqft: $362 low | high Med: $362 On site: 59 low | high Med: 59 | |
| State | TX |
|---|---|
| County | Travis |
| City | Austin |
| Zip Code | 78748 |
| Area | SWE |
| Community Name | Palomino Park Sec 03 |
| Listing VS Median (in Palomino Park Sec 03) | |
Price: $1,100,000 low | high Med: $1,100,000 sqft: 3,038 low | high Med: 3,038 $ / sqft: $362 low | high Med: $362 On site: 59 low | high Med: 59 | |