For Sale
$1,600,000

9410 Anderson Mill RdAustin, TX 78729

High-Cash Flow, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This Austin, Texas property offers a unique blend of immediate income and future development potential. The 3,200 square foot, 100% leased commercial/medical office building, built in 1992, generates steady cash flow. Situated on one acre of land at 9410 Anderson Mill Rd, 78729 (Williamson County), this property includes an adjacent half-acre lot at 9328 1/2 Anderson Mill Rd, also included in the sale price of $1,600,000. City utilities are available on this additional half-acre parcel, ideal for new retail or office construction. The existing building's prime location, just one block from US-183, and its proximity to major tech employers like Apple and Electronic Arts in Cedar Park, presents a significant opportunity for rental increases and future expansion. This mixed-use investment is perfect for those seeking immediate returns and long-term growth in a thriving Austin market. The redevelopment potential, combined with the existing cash flow, makes this a compelling investment opportunity. The property is zoned for commercial, medical office, and shopping center uses.

Highlights

  • $1,600,000 asking price for a mixed-use redevelopment opportunity in Austin, TX.
  • 3,200 square feet on a 1-acre lot, with a 1992-built, 100% leased office building generating steady cash flow.
  • High-demand location, situated off US-183, near major tech employers like Apple and Electronic Arts.
  • Includes an adjacent half-acre lot with city utilities, ideal for retail and office development.
  • Potential for rent increases and new construction.

Property Details for 9410 Anderson Mill Rd

Property type
Lifestyle centers, Power centers
Square Feet
3,200 SF
Year Built
1992
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Austin
County
Williamson
State
Texas
Latitude
30.4502476
Longitude
-97.786808
9410 Anderson Mill Rd, Austin, Texas

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9410 Anderson Mill Rd
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