4100 51St StAustin, TX 78723

Property Details for 4100 51St St

Year built

2022

Lot size

1.45 AC

Property size (Sq ft)

8,000 SF

Property type

Medical offices

Property subtype

Medical centers

APN

215210149

APU

215210149

Description

This exceptional 8,000-square-foot, single-story building, constructed in 2023, offers a prime opportunity for businesses seeking versatile space in Austin, Texas. Located at 4100 E 51st St, zip code 78723, this property features 4,599 square feet of immediately available space, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 4,599 square feet. The building boasts a total of 47 parking spaces, catering to both tenants and clients. Its location within a thriving area, surrounded by over 20,000 households within a two-mile radius, provides excellent access to a substantial customer base. The property is ideally situated near major transportation arteries, including I-35, Hwy 290, and Hwy 183, ensuring convenient commutes. Its proximity to Mueller, Dell Children's Hospital, The University of Texas, and Austin's Central Business District further enhances its appeal. The area offers a vibrant lifestyle with easy access to dining, farmers' markets, outdoor activities, and live music. This property is perfect for medical offices, traditional office spaces, executive suites, or boutique retail businesses. The 1.45-acre lot provides ample space and potential for future expansion. This is a rare opportunity to establish a presence in one of Austin's most dynamic and rapidly growing areas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,556,467

  6.5%

  $1,436,739

  7%

  $1,334,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,395,120

  Geo Method

  $2,395,120

• Alternative Use

  Use

  Valuation

  Residential

  $1,781,556

  Hospitality

  $1,631,896

  Educational

  $1,357,718

  Medical

  $1,404,412

  Retail

  $2,112,006

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2935

Longitude

-97.6789

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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