High-Rise Development Site For Ground Lease

For Lease

1710 Colorado Street, Austin, TX 78701

There is currently one space available at High-Rise Development Site For Ground Lease. The building’s general use is vacantland. The space listed for lease is described as vacantland. Current availability totals 17,859 square feet. Of this, minimum divisible area is 0.41 square feet. The listed lease rate is contact for pricing.

Space Available For Lease 1

Contacts

broker

Paul Byars, CCIM

Sayers Real Estate Advisors

Property Details

  • Property Type VacantLand
  • Lot Size 0.41 Acre
  • Additional Rent Contact for pricing
  • Date Updated Mar 26, 2024
...1710 Colorado St is an undeveloped, surface parking lot that has been owned by the Austin Scottish Rite Theater for over 100 years. The Theater has hosted numerous community events and children's plays throughout this time, and they desire to stay in their existing building, adjacent to the parking lot, indefinitely. Their interest is in ground-leasing the parking lot to endow their organization with a long-term revenue stream to further their ability to live out their mission to serve the greater community through high quality performing arts, educational programs, and events. Ideally located in Downtown Austin, TX, situated between the State Capitol Building and the University of Texas, 1710 Colorado St presents a prime development site directly adjacent to the Scottish Rite Theater and the State of Texas $600MM Capitol Complex Project that is currently underway. The property's location, size and development entitlements combined with current commercial real estate market conditions, make this property well-situated for a high-rise residential or commercial development. The property is located within the Downtown Density Bonus Program which allows for up to 15:1 Floor Area Ratio, allowing for up to approximately ~300,000 square feet of buildable area.1710 Colorado St is an undeveloped, surface parking lot that has been owned by the Austin Scottish Rite Theater for over 100 years. The Theater has hosted numerous community events and children's plays throughout this time, and they desire to stay in their existing building, adjacent to the parking lot, indefinitely. Their interest is in ground-leasing the parking lot to endow their organization with a long-term revenue stream to further their ability to live out their mission to serve the greater community through high quality performing arts, educational programs, and events. Ideally located in Downtown Austin, TX, situated between the State Capitol Building and the University of Texas, 1710 Colorado St presents a prime development site directly adjacent to the Scottish Rite Theater and the State of Texas $600MM Capitol Complex Project that is currently underway. The property's location, size and development entitlements combined with current commercial real estate market conditions, make this property well-situated for a high-rise residential or commercial development. The property is located within the Downtown Density Bonus Program which allows for up to 15:1 Floor Area Ratio, allowing for up to approximately ~300,000 square feet of buildable area.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Incredible Downtown Austin location - between The State Capitol Building and The University of Texas
  • Downtown Austin Density Bonus Program (DDBP) allows for up to 400' height
  • Favorable size and development entitlements
  • Located on hard corner of Colorado St and W 18t

Getting around

  • 95/100

    Walk Score ®

  • 73/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Austin, TX
  • Neighborhood Downtown Austin
  • Zip Code 78701
  • Market Austin

Points of Interest

  • Downtown

    1.05 miles

  • MLK Jr.

    1.86 miles

  • Zilker Eagle

    2.09 miles

  • Highland

    3.66 miles

  • Crestview

    4.24 miles

  • McKalla

    7.59 miles

  • Kramer

    7.94 miles

  • 7-Eleven

    0.16 miles

  • Hotel Ella Tesla Destination

    0.40 miles

  • ACCAE RIO GRANDE SUR 1

    0.45 miles

  • ACCAE RIO GRANDE SUR 2

    0.45 miles

  • DSMCUT EVSE02 FLOOR L6

    0.46 miles

  • DSMCUT EVSE01 FLOOR L7

    0.46 miles

  • DSMCUT EVSE03 FLOOR L5

    0.46 miles

  • DSMCUT EVSE04 FLOOR L4

    0.46 miles

  • DSMCUT EVSE08 G LEVEL

    0.46 miles

  • DSMCUT EVSE05 FLOOR L3

    0.46 miles

  • Conference Center Garage

    0.17 miles

  • Guadalupe Garage

    0.18 miles

  • State Parking Garage R

    0.21 miles

  • State Parking Garage Q

    0.25 miles

  • State Parking Garage P

    0.25 miles

  • Brazos Garage

    0.25 miles

  • State Parking Garage B

    0.30 miles

  • Health Center Garage

    0.37 miles

  • Trinity Garage

    0.38 miles

  • Capitol Visitor's Parking Garage

    0.46 miles

  • Hampton Inn & Suites Austin at The University/Capitol

    0.04 miles

  • Hilton Garden Inn

    0.09 miles

  • AT&T Executive Education and Conference Center

    0.15 miles

  • DoubleTree Suites by Hilton Austin Downtown Capitol

    0.22 miles

  • The Otis Hotel, Autograph Collection

    0.24 miles

  • Goodall Wooten House

    0.39 miles

  • Austin Folk House

    0.43 miles

  • The Quarters at Hardin House

    0.49 miles

  • La Quinta Inn

    0.55 miles

  • Omni Hotel & Resorts

    0.67 miles

  • Target

    0.26 miles

  • Whole Foods Market

    1.00 miles

  • Fresh Plus

    1.09 miles

  • Trader Joe's

    1.12 miles

  • Wheatsville Food Co-op Guadalupe

    1.23 miles

  • Small World Goods

    1.51 miles

  • 1st Stop Food Store

    1.64 miles

  • Natural Grocers

    1.70 miles

  • Thom's Market

    1.71 miles

  • Fiesta Market

    1.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul Byars, CCIM

Sayers Real Estate Advisors

  1. 1Main information
  2. 2Extra information