630 34Th StAustin, TX 78705

Property Details for 630 34Th St

Year built

1985

Lot size

0.54 AC

Property size (Sq ft)

16,060 SF

Property type

Office properties

Property subtype

Office buildings

APN

218031127

APU

218031127

Description

This three-story, 16,376 square foot medical office building at 630 West 34th Street in Austin, Texas, offers a unique investment opportunity. The property, built in 2004, sits on a 0.54-acre lot and is zoned CS-CO-NP in Travis County. Currently, 7,894 square feet of space is available, divisible into minimum units of 2,110 square feet, with a maximum contiguous space of 7,894 square feet. The building features approximately 5 parking spaces per 1,000 square feet. Its central Austin location, between Lamar and Guadalupe streets, provides excellent visibility and proximity to Seton Medical Center, Austin Heart Hospital, and Austin State Hospital. The building has served as an established plastic surgery facility and medical spa for over 30 years, offering a turnkey solution for physicians seeking a surgical facility with integrated office space. This represents a significant value-added opportunity, avoiding the estimated $2 million and one-year accreditation process required for new construction. Ideal for surgeons, urologists, endoscopy specialists, and other medical professionals needing their own surgical facility. The property is available immediately.

• CAP approach

  CAP return

  Valuation

  6%

  $5,774,238

  6.5%

  $5,330,066

  7%

  $4,949,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,808,204

  Geo Method

  $4,808,204

• Alternative Use

  Use

  Valuation

  Residential

  $6,609,282

  Hospitality

  $6,054,067

  Educational

  $5,036,912

  Medical

  $5,210,140

  Retail

  $7,835,198

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3012

Longitude

-97.7409

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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