223 Anderson LnAustin, TX 78752

Property Details for 223 Anderson Ln

Year built

1971

Construction

CONCRETE

Lot size

10.37 AC

Property size (Sq ft)

44,815 SF

Property type

Office properties

Property subtype

Office buildings

APN

234140307

APU

234140307

Description

This Austin office park offers a blend of creative and executive office spaces, ideal for businesses seeking a modern and functional workspace. Located conveniently off West Anderson Lane and Highway 183, this single-story building boasts a total of 15,076 square feet situated on 5.34 acres of land in Travis County. Currently, one suite of 1,588 square feet is available for lease within this Class C building, constructed in 1971. Recent upgrades enhance the property's appeal, complemented by the convenience of abundant parking and high-speed AT&T Fiber internet access. The property's single-story design and multiple tenancy options provide flexibility for various business needs. This location offers easy access to major transportation routes, making it an attractive option for employees and clients alike. The property's spacious layout and modern amenities create a productive and comfortable work environment. This is a prime opportunity for businesses seeking a well-maintained and conveniently located office space in a thriving Austin neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $14,250,280

  6.5%

  $13,154,104

  7%

  $12,214,525

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,417,163

  Geo Method

  $13,417,163

• Alternative Use

  Use

  Valuation

  Residential

  $16,311,089

  Hospitality

  $14,940,870

  Educational

  $12,430,628

  Medical

  $12,858,137

  Retail

  $19,336,534

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3436

Longitude

-97.707

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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