9410 Anderson Mill RdAustin, TX 78729

  • Other commercial real estate
  • 3,996 SF
For Sale
$1,600,000 View listing

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
9410 Anderson Mill Rd, Austin, Texas

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,704
$545,749
$299,540
$845,289
-
$545,749
$299,540
$845,289

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