12th & Sabine_Property for Sale
12th & Sabine_Property for Sale

12th & Sabine

708 East 12th Street, Austin, TX, 78701, US

Description

Jones Lang LaSalle Capital Markets ("JLL") has been exclusively retained to market 12th and Sabine (the "Property" or "Site"), a ±1.0-acre CBD-zoned parcel with a ±52,102 SF office building in Downtown Austin. Situated at 708 East 12th Street at the northwest corner of 12th and IH-35, the Property offers 8:1 by-right FAR with 25:1 bonus density — among the most favorable entitlement profiles in the urban core. Steps from the Dell Medical School, Dell Seton Medical Center, and the Waterloo Greenway and direct adjacency to a 2-acre park being delivered as part of the IH-35 cap-and-stitch project — now under construction — and existing conceptual plans for a 528-unit, 39-story residential tower, the Property presents a rare, shovel-ready development opportunity at the intersection of Austin's most significant infrastructure investments.

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Attributes

Building area net
52,102 sf
Year built
2005
Land area gross
1 acres
Parking spaces
86
Zoning
CBD
Parcel
197047
Height Limit
Unlimited

Media

Investment highlights

  1. Innovation District location
  2. Adjacent to Waterloo Park and planned 2-acre IH 35 cap
  3. No Capitol View Corridor restrictions/unlimited Height
  4. Plans for 39 Floor Tower with 528 Units
  5. Existing 52,102 square feet of office with 86 parking spaces
12th & Sabine 4_Property for Sale
12th & Sabine 4_Property for Sale

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12th & Sabine (0 Properties)

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Last updated
Feb 19, 2026