9410 Anderson Mill RdAustin, TX 78729
- Other commercial real estate
- 3,996 SF
Property Details for 9410 Anderson Mill Rd
- Year built
- 2004
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 3,996 SF
- Property type
- Other 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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