9410 Anderson Mill RdAustin, TX 78729

Property Details for 9410 Anderson Mill Rd

Year built

2004

Lot size

0.53 AC

Property size (Sq ft)

3,996 SF

Property type

Commercial real estate

APN

R-16-5300-0000-0005

APU

R16530000000005

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,086,144

  Hospitality

  $994,902

  Educational

  $827,747

  Medical

  $856,214

  Retail

  $1,287,606

Location Insight

City

Austin

County

Williamson

State

Texas

Latitude

30.4502

Longitude

-97.7869

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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